LemFi Appoints Allen Qu as VP of Growth to Lead Expansion into Chinese Market

LemFi, a fintech firm specializing in international payment solutions, has appointed Allen Qu as Vice President of Growth to spearhead its expansion into the Chinese market. This move follows LemFi’s recent achievements, including the launch of services in the United States and a successful US$33 million Series A capital raise led by LeftLane Capital.

Qu brings extensive experience in scaling businesses in emerging markets, having previously led companies to unicorn status, such as Beijing-based Proptech firm ke.com (NASDAQ: BEKE) and African Fintech company OPay, a subsidiary of Opera Software AS (NASDAQ: OPRA).

In his new role, Qu will leverage his expertise to forge strategic partnerships, expand LemFi’s customer base in China, and drive product innovation tailored to the local market. Qu expressed optimism about serving the underserved Chinese diaspora worldwide and believes LemFi’s fintech expertise and cutting-edge technology can bring significant change to the market.

Ridwan Olalere, CEO & Co-Founder of LemFi, expressed confidence in Qu’s appointment, citing his past successes and valuable contributions to the team. The addition of Qu underscores LemFi’s commitment to providing accessible and transparent financial services to migrant communities globally.

LemFi delivers innovative services and products through its mobile app, aiming to empower migrant communities with seamless international payment solutions. For more information, visit www.lemfi.com.

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