LemFi introduces USD and GBP accounts for Nigerian users

LemFi, a fast-growing financial services platform serving immigrants and global users, has announced the launch of multi-currency accounts for customers in Nigeria. The new offering allows Nigerian users to hold, receive, and transact in both US dollars (USD) and British pounds (GBP), marking a significant expansion of LemFi’s product suite and a major step toward simplifying international financial access for Nigerians.

The introduction of USD and GBP accounts responds to strong demand from individuals and businesses that regularly engage in cross-border transactions. Many Nigerians rely on foreign currencies for international trade, freelance work, education payments, and remittances from family abroad. By providing dedicated multi-currency accounts, LemFi enables users to receive foreign payments directly without immediately converting to naira, offering greater flexibility and control over funds.

With the new accounts, users can receive salaries, remittances, and business payments in USD or GBP, make international transfers, and convert currencies within the LemFi app at competitive exchange rates. The platform aims to reduce the friction, delays, and high fees commonly associated with traditional banking and international money transfer services.

LemFi says the rollout is part of its broader mission to make global banking more accessible for emerging-market users. The company has built its reputation around fast, low-cost cross-border transfers, particularly for diaspora communities sending money to Africa. Adding multi-currency accounts strengthens this value proposition and positions LemFi as more than a remittance service—evolving it into a comprehensive global financial platform.

For Nigerian users, the launch comes at a critical time, as foreign currency access remains a key concern amid exchange-rate volatility and growing participation in the global digital economy. Freelancers, remote workers, and small businesses are expected to benefit significantly, as they can now receive international payments in USD or GBP without relying on intermediary platforms.

The move also reflects intensifying competition in Africa’s fintech ecosystem, where companies are racing to offer digital dollar and pound accounts, global wallets, and cross-border financial tools. LemFi’s latest product underscores the increasing role of fintechs in bridging Nigeria’s connection to the global economy.

As LemFi continues to expand its services, the launch of multi-currency accounts highlights its commitment to empowering users in Nigeria with faster, more flexible, and globally connected financial solutions.LemFi introduces USD and GBP accounts for Nigerian users.LemFi introduces USD and GBP accounts for Nigerian users.