REGULATION | LemFi Acquires Irish FX Bureau Buttercane in European Expansion Plot After Surpassing One Million Customers and $1 Billion in Monthly Transaction Volume

bitcoinke.io

Factuality

Ownership

REGULATION | LemFi Acquires Irish FX Bureau Buttercane in European Expansion Plot After Surpassing One Million Customers and $1 Billion in Monthly Transaction Volume

LemFi, the London-based financial services platform, has secured approval from the Central Bank of Ireland to acquire Bureau Buttercrane, an Irish currency exchange platform. This strategic acquisition will enable LemFi to expand its operations across the European Economic Area (EEA). Founded by Ridwan Olalere and Rian Cochran in 2021 as Lemonade Finance, before rebranding to LemFi in 2023, the company is an international remittance and payments…