LemFi , the leading financial platform building innovative international payment products and solutions, today announced the launch of Global Accounts, a financial solution designed for Africa's thriving freelance and digital economy. Starting in Nigeria, the product allows customers to open and operate real USD GBP accounts directly on their mobile phones, on the LemFi app.
Africa's freelance market is booming. With a vibrant, tech-savvy population and expertise spanning software development, digital marketing and creative skills, the continent's professionals are competing and contributing on a global scale. However, a critical barrier has held them back: receiving international payments is often costly, complicated and unreliable. Payment delays, sudden account freezes, and limited platform options have forced digital workers across the continent to navigate a maze of workarounds-from asking friends abroad for help to using multiple intermediaries that eat into their hard-earned income.
LemFi's Global Accounts product changes this reality.