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💵 LemFi Launches Global Accounts for Nigerians

💵 LemFi Launches Global Accounts for Nigerians

Plus: 🛒 Pick n Pay Goes Digital-First

Innovation Village
December 15, 2025

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Happy New Week Valued Subscribers👋

Money rarely stays within borders anymore, but for many Nigerians, accessing truly global financial tools has always come with friction, high fees, slow transfers, or accounts that simply don’t work the way you need them to. That’s the gap LemFi is stepping into with its latest move.

By rolling out Global Accounts for Nigerians, LemFi is pushing beyond basic remittances into everyday financial utility. It signals a shift from “sending money abroad” to actually participating in the global financial system, receiving payments, holding foreign currencies, and moving funds with fewer hoops to jump through.

For freelancers, remote workers, and Nigerians doing business across borders, this kind of access changes the conversation. It’s no longer just about convenience; it’s about financial inclusion at a global scale, and who gets to plug into it without needing a foreign address or bank relationship.

Let’s dive in.👇

Today’s Menu ☕️

💵 LemFi Rolls Out Global Accounts for Nigerians
💵 EU, Nigeria Sign €45m Digital Pact
💰Sun King Raises $40m from Lightrock
💳 Mastercard, TerraPay Enable Global Wallet Tap-to-Pay
🛒 Pick n Pay Goes Digital-First

💵REMITTANCES

LemFi Rolls Out Global Accounts for Nigerians

LemFi has launched USD and GBP Global Accounts in Nigeria, allowing users to receive, hold, and transact in foreign currencies directly within the LemFi app. Designed for freelancers and digital professionals, the product provides local USD and GBP account details, enabling seamless global payments without intermediaries, delays, or high fees. The launch addresses long-standing challenges around cross-border payments and supports Nigeria’s growing participation in the global digital economy, with more currencies planned in future updates.......….continue reading

💵DIGITAL ECONOMY

EU, Nigeria Sign €45m Digital Pact

Nigeria and the European Union have signed a €45 million digital cooperation programme to boost connectivity, digital skills, and public services. The deal supports Project Bridge, Nigeria’s flagship plan to roll out a nationwide fibre-optic backbone, while also funding skills development, supply chain deployment, and digital public administration reforms. Anchored under the EU’s Global Gateway strategy, the agreement strengthens Nigeria’s digital infrastructure ambitions and positions the country as a key partner for European investors in Africa’s growing digital economy..........….continue reading

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We’ll go deep into what high-leverage HR looks like and what people teams of all sizes can take from it.

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💰INVESTMENTS

Sun King Raises $40m from Lightrock

Off-grid solar provider Sun King has secured a $40 million equity investment from impact investor Lightrock to scale decentralized solar energy access across Africa and Asia. The funding will support product expansion, including energy-efficient appliances, and deepen Sun King’s pay-as-you-go financing model, which makes clean energy affordable for underserved households and businesses. Serving over 50 million people today, Sun King plans to rapidly grow distribution and move toward its goal of reaching 200 million users by 2030........….continue reading

💳PAYMENTS

Mastercard, TerraPay Enable Global Wallet Tap-to-Pay

Mastercard has partnered with TerraPay to let digital wallets make NFC tap-to-pay transactions at over 150 million Mastercard locations worldwide. The collaboration allows mobile money wallets, fintech apps, and banks connected to TerraPay to work like cards at physical points of sale. By combining Mastercard’s global acceptance network with TerraPay’s interoperability platform, the deal expands wallet usage beyond online payments and strengthens financial inclusion, especially across emerging markets............…continue reading

🛒RETAIL

Pick n Pay Goes Digital-First

Pick n Pay is accelerating its shift to a digital-first retail model under new digital leadership, focusing on improving its online platforms, mobile app, and backend fulfilment. The retailer is rolling out tools such as customer data platforms, QR codes, digital screens, and geo-fencing to better connect in-store and online shopping. A strengthened partnership with Mr D has already driven strong online growth, as Pick n Pay works to deliver faster, more personalised, and seamless omni-channel shopping experiences.............…continue reading