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Reading: Nigeria to increase call, data, and SMS costs, but not by 100%
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African News Herald > Blog > Technology > Nigeria to increase call, data, and SMS costs, but not by 100%
Technology

Nigeria to increase call, data, and SMS costs, but not by 100%

ANH Team
Last updated: January 10, 2025 12:09 pm
ANH Team
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LemFi’s move into Europe marks a significant milestone in their expansion journey. Europe is home to a large number of immigrants from countries like Nigeria, and the need for affordable and efficient remittance services is high. By partnering with Modulr Finance, LemFi has gained a foothold in key European markets, allowing them to provide their services to a wider audience.

The partnership with Modulr Finance is crucial as it provides LemFi with the necessary infrastructure and regulatory approval to operate in Europe. Modulr’s e-money license ensures that LemFi complies with European financial regulations, giving customers peace of mind when using their services.

For Nigerians living in Italy, France, and Spain, LemFi’s expansion means faster and cheaper money transfers back home. With zero fees and a user-friendly platform, LemFi is making it easier for immigrants to support their families and loved ones in Nigeria.

Remittances play a vital role in the Nigerian economy, providing a steady stream of income for many families. By offering a convenient and affordable way to send money home, LemFi is contributing to financial inclusion and economic development in Nigeria.

LemFi’s success story is a testament to the growing demand for innovative fintech solutions in the remittance industry. By leveraging technology and strategic partnerships, LemFi has positioned itself as a leading player in the global remittance market.

As LemFi continues to expand its reach and services, we can expect to see more exciting developments in the world of cross-border payments. With a focus on customer satisfaction and financial inclusion, LemFi is paving the way for a more connected and prosperous future for immigrants and their families around the world. LemFi, a leading remittance company, is now setting its sights on the Asian diaspora, particularly in countries like India, China, and Pakistan. These countries are known as some of the world’s biggest remittance destinations, with millions of people sending money back home to their families and loved ones.

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To make this expansion a reality, LemFi is bringing in top talent from companies like TerraPay and OPay. By leveraging the expertise and experience of these industry professionals, LemFi aims to enhance its services and provide a seamless remittance experience for users in the Asian diaspora.

But LemFi’s ambitions go beyond just money transfers. The company is also planning to launch a card for its users in the US, UK, and Canada in the near future. This move will not only make it easier for customers to access their funds but also expand LemFi’s reach and presence in key markets around the world.

With over a million users already on its platform and a clear vision for the future, LemFi is positioning itself as a global remittance heavyweight. By targeting the Asian diaspora and tapping into the massive potential of countries like India, China, and Pakistan, LemFi is poised for significant growth and success in the coming years.

In addition to its expansion plans, LemFi is also focused on providing opportunities for its users and employees. The company is constantly hiring for various roles, offering career growth and development opportunities for individuals looking to make an impact in the fintech industry.

As LemFi continues to innovate and expand its services, it remains committed to providing a seamless and secure remittance experience for its users. With a strong team of professionals and a clear vision for the future, LemFi is well-positioned to become a leader in the global remittance market and serve the needs of the Asian diaspora effectively.

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