LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.
The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.
Through partnerships with organizations like VISA, Konnect is working to extend secure payment services to previously excluded segments of the population.
The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages.
The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages.