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flag LemFi launches credit-based remittance service for UK immigrants, enabling instant transfers to 30+ countries with £300–£1,000 lines.

flag LemFi has launched "Send Now, Pay Later," a credit-enabled remittance service for UK immigrants, allowing immediate money transfers home using a credit line. flag The AI-driven platform assesses creditworthiness using open banking, credit bureaus, remittance history, and international data to offer £300–£1,000 lines, targeting those with limited UK credit histories. flag The service, available for transfers to over 30 countries, aims to reduce delays caused by income timing gaps and combat credit invisibility, offering a regulated alternative to informal lending.

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