LemFi , the financial platform built for the underserved, has secured 14 new Money Transmitter Licenses MTLs across the US, marking a major step in its mission to deliver safe, reliable and fully compliant financial services to immigrant communities.
The new licenses, which are for states including Illinois, Michigan, Arizona, Oregon, and Delaware, give LemFi the ability to move money for customers directly under state regulatory oversight, giving the company more control over how transfers are processed and enabling a smoother, more transparent experience. This will strengthen LemFi's promise to operate with clarity, accountability and customer protection at the core of its US operations.
At a time when trust matters more than ever in fintech, securing the licenses puts LemFi in the same league as the financial industry's most established players. Its expanding MTL portfolio means LemFi can deliver a smoother, more reliable experience while collaborating more closely with state regulators and financial partners nationwide.
