# LemFi funding: rounds and investors > LemFi has raised $106M across 2 rounds since 2025. Investors include Highland Europe, Y Combinator and Goodwater Capital. Every round with its source. Source: https://millionrounds.com/company/lemfi (Millionrounds; every figure on the page links to its filing or article) Nigeria · [Venture startup](https://millionrounds.com/companies) # Who invested in *LemFi* 2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Financial Services Fintech Raised 6 months ago Follow LemFi and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Flemfi) Funding summary Updated 5 Nov 2026 **$106M** raised across 2 rounds since 2025, from 7 sources **$53M** Series B **$53M** Venture - **Latest round:** Venture, $53M May 2026 - **Investors:** 9 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2025 2026 **$53M** Series B **$53M** Venture - **First round:** Series B, $53M - **Biggest round:** $53M - **Between rounds:** 15 months ## The rounds - **May 2026** Venture **$53M** *1 new* *4 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) [Highland Europe](https://millionrounds.com/fund/highland-europe) [Tether](https://millionrounds.com/fund/tether) Source recorded - **Jan 2025** Series B **$53M** *8 new* [Highland Europe](https://millionrounds.com/fund/highland-europe) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Endeavor](https://millionrounds.com/fund/endeavor) [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) Reported by Disrupt Africa and 5 others ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2025 **Venture** 2026 [Highland Europe](https://millionrounds.com/fund/highland-europe) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Endeavor](https://millionrounds.com/fund/endeavor) [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) [Tether](https://millionrounds.com/fund/tether) ## Everyone who backed them [Highland Europe](https://millionrounds.com/fund/highland-europe) VC firm **2** rounds, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **2** rounds [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) VC firm **2** rounds [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round [Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round [Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **1** round [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) VC firm **1** round [Tether](https://millionrounds.com/fund/tether) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lemfi). ## Also claim to have backed them These 7 firms list LemFi as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) VC firm Per its own site [Ajim Capital](https://millionrounds.com/fund/ajim-capital) VC firm Per its own site [Microtraction](https://millionrounds.com/fund/microtraction) VC firm Per its own site [Burlington PR](https://millionrounds.com/fund/burlington-pr) VC firm Per its own site [Flucas Ventures](https://millionrounds.com/fund/flucas-ventures) Angel network Per its own site [Ossian Capital](https://millionrounds.com/fund/ossian-capital) VC firm Per its own site [Stonewater Ventures](https://millionrounds.com/fund/stonewater-ventures) VC firm Per its own site ## Quick answers about LemFi ### Who invested in LemFi? LemFi's investors include Highland Europe, Y Combinator, Goodwater Capital, Left Lane Capital and Endeavor Catalyst, and 4 more on record. ### How much has LemFi raised? LemFi has raised $106M across 2 rounds since 2025. ### When did LemFi last raise? LemFi's most recent round was a Venture of $53M in May 2026. ### What was LemFi's biggest round? Its most recent round, $53M in May 2026, is also its largest on record. ### Who backed LemFi first? LemFi's first round on record, in Jan 2025, was backed by Highland Europe, Y Combinator and Goodwater Capital and 5 others. ### What stage is LemFi at? LemFi's latest named round is a Venture, in May 2026. ### Where is LemFi based? LemFi is based in Nigeria. ### Who led LemFi's rounds? Highland Europe led the Series B in 2025. ## Companies like LemFi In the same sector, and raised in the last eighteen months. [**MAX** $76M · Oct 2026](https://millionrounds.com/company/max)[**Nomba** $33M · Sept 2026](https://millionrounds.com/company/nomba)[**Yellow Card** $73M · Aug 2026](https://millionrounds.com/company/yellow-card)[**Moove** $350M · Aug 2026](https://millionrounds.com/company/moove)[**Daya** $2.4M · Jun 2026](https://millionrounds.com/company/daya)[**CreditChek** $600K · Jun 2026](https://millionrounds.com/company/creditchek) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app