LemFi, a leading fintech platform serving immigrants across the world, has announced a partnership with GCash, Philippines’ leading mobile wallet provider, to serve Filipino immigrants in North America, the UK, and Europe.
The partnership directly connects 94 million active GCash users with the ease of international money transfer, revolutionizing how Filipino diaspora communities remit support to their families in the Philippines.
GCash is the Philippines’ top finance mobile app with over 94 million registered users across the world and offering comprehensive services like payments, savings, credit, and insurance solutions.
The agreement strategically positions LemFi as an official GCash remittance partner in North America and Europe, enabling direct wallet-to-wallet transfers through the LemFi app.
The joined platform offers Filipino customers unmatched value in the form of zero transfer fees, competitive exchange rates, and no minimum transfer requirements for cross-border remittances.
Money deposits are automatically converted into recipient GCash wallets with delivery completed within minutes, fulfilling the highest need for speed and reliability of cross-border financial flows.
This collaboration follows LemFi’s steep growth trajectory, including a successful Series B raise, strategic acquisition of European money remittance licenses, and the acquisition of Pillar, a credit fintech platform.
These developments collectively enhance LemFi’s capacity to reach broader diaspora communities with more financial services and innovative payment solutions.
GCash International general manager Paul Albano emphasized the significance of the partnership beyond convenience, as it is an actual connection for overseas Filipino workers who are seeking speed and reliability.
LemFi community lead Patricia Estrella highlighted how the partnership provides Filipino diaspora communities in North America, the UK, and the EU with essential tools for family support.
Philip Daniel, LemFi’s head of global growth and expansion, spoke about the company’s mission to make international payments more accessible, quicker, and more inclusive for immigrant communities worldwide.
The tie-up is a significant leap in connecting global Filipinos with trusted financial services they are already familiar with, which is in line with LemFi’s vision to improve immigrant financial lives.
The partnership was launched at a close-knit community brunch in Toronto that brought together 50 influential Filipino community leaders, cultural festival organizers, healthcare and finance professionals, and veteran remitters.
This grassroots approach demonstrates the two firms’ commitment to serving Filipino communities through direct interaction and incorporation of feedback.
The collaboration between LemFi and GCash represents a game-changing development in worldwide remittance services, coupling tech innovation with deep community understanding to serve Filipino diaspora communities in the best way possible.
