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Valuation

$27M

2024 Revenue

$9M

Funding

$0

Team

60

Founded

2021

How LemFi CEO Ridwan Olalere grew LemFi to $9M revenue with a 60 person team in 2024.

LemFi banks the world's emerging market immigrants.

Last updated

LemFi Revenue

In 2024, LemFi's revenue reached $9M. Since its launch in 2021, LemFi has shown consistent revenue growth.

LemFi Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M2021202220232024$0$9MSource: GetLatka.com
YearMilestone
2024LemFi Hit $9m revenue in June 2024
2021Launched with $0 revenue

LemFi Valuation, Funding Rounds

LemFi's most recent disclosed valuation is $27M.

LemFi is a bootstrapped SaaS startup. Founded in 2021, LemFi has grown to $9M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, LemFi has built its business with no outside investment.

LemFi Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120212021 cumulative: $0 • 2021 Founded: $02021 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

LemFi Employees & Team Size

LemFi employs approximately 60 people as of 2026.

LemFi has 60 total employees in different roles and functions.

LemFi Team GrowthReported headcount over time015304560752021202220232024006060Source: GetLatka.com
YearMilestone
2024Reached 60 employees (June 2024)
2024Reached 60 employees (June 2024)

Founder / CEO

Ridwan Olalere

Ridwan Olalere is listed as Founder / CEO at LemFi.

Q&A

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Customers

We do not have customer count information for LemFi yet.

Frequently Asked Questions about LemFi

What is LemFi's revenue?

LemFi generates $9M in revenue.

Who founded LemFi?

LemFi was founded by Ridwan Olalere.

Who is the CEO of LemFi?

The CEO of LemFi is Ridwan Olalere.

How much funding does LemFi have?

LemFi raised $0.

How many employees does LemFi have?

LemFi has 60 employees.

Where is LemFi headquarters?

LemFi is headquartered in London, England, United Kingdom.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .