Lemfi raises $53 million Series B round, acquires European firm

Lemfi, a remittance startup serving African immigrants across 22 countries, has raised $53 million in a Series B round to support its expansion into Europe through the acquisition of a European firm.

The round was led by Highland Europe, a London-based growth-stage investment firm that only backs startups with more than €10 million in annualised revenues, and with follow-on investment…