Allen Qu will lead LemFi’s development efforts among the Chinese diaspora. With over 14 years of professional experience, Allen has a track record of building multi-billion dollar companies in multiple countries.
As Chief Operating Officer at OPay, he led the company’s growth to Unicorn status.
LemFia financial technology company that creates innovative international payments solutions, announced today that Allen Qu will lead the business’ expansion into China as Vice President of Development.
This announcement comes on the heels of LemFi’s recent milestones, which include the launch of its services in the United States and a $33 million Series A Capital raising led by LeftLane Capital.
Allen is no stranger to growing businesses in frontier markets. It has driven the growth of companies to unicorn status. First with Proptech, ke.com (NASDAQ:BEKE), based in Beijing, later with African Fintech company, OPay, financial services subsidiary of Opera Software AS (NASDAQ: OPRA).
Allen will draw on his professional experience to secure key partnerships, grow LemFi’s customer base in the Chinese market and further innovate the product to serve new audiences.
What they say
“There are over 60 million Chinese diaspora around the world, and many of them are not served by these traditional financial companies. As a fintech company with a deep understanding of immigrants, LemFi is uniquely positioned to combine its expertise and cutting-edge technology to bring real change to the market.” Allen he said.
Ridwan OlalereCEO and Co-Founder of LemFi:
“We are excited to have Allen lead our expansion into China. After his previous successes, we are confident of his contribution. His addition to the LemFi team is an important step towards fulfilling our promise of international payments for all.”
LemFi offers innovative services and products to various markets through its mobile app. It remains committed to providing accessible and transparent financial services to immigrant communities around the world. For more information, visit www.lemfi.com.
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