LemFi Internalises Naira Rails as Paga Partnership Ends, Signalling Remittance Strategy Shift

Nigerian-British remittance fintech LemFi is ending its partnership with Paga and bringing its naira payment rails in-house through Lemmy MFB, a strategic shift in how the company manages its Nigerian currency infrastructure. The move signals a broader trend of remittance operators seeking direct regulatory positioning in Africa's largest economy.