Nigeria’s Lemonade Finance is now Live in 7 new markets
Lemonade Finance, founded in 2020 by Ridwan Olalere and Rian Cochran and a participant in Y Combinator’s W21 batch last year, allows Africans living abroad to send and receive money from their home nations in a cost-effective, timely, and efficient manner. Its software lets users keep their balances in the currencies that are important to them and convert between them quickly.
Local and international transfers to Ghana, Kenya, Nigeria, Canada, and the United Kingdom (UK) are currently available promptly with no hidden costs, and overseas transfers are made at the genuine market exchange rate.
Lemonade Finance, founded in 2020 by Ridwan Olalere and Rian Cochran and a participant in Y Combinator’s W21 batch last year, allows Africans living abroad to send and receive money from their home nations in a cost-effective, timely, and efficient manner. Its software lets users keep their balances in the currencies that are important to them and convert between them quickly.
Local and international transfers to Ghana, Kenya, Nigeria, Canada, and the United Kingdom (UK) are currently available promptly with no hidden costs, and overseas transfers are made at the genuine market exchange rate.
Lemonade claims to have thousands of users across North America and Europe and obtained a US$725,000 pre-seed fundraising round led by Microtraction, Ventures Platform, and Acuity Venture Partners following its Y Combinator participation.
