LemFi Expands Remittance Reach Through Strategic Partnership With GCash

A new collaboration is set to reshape how Filipinos abroad send money home, as fintech startup LemFi joins forces with GCash, the Philippines’ largest mobile wallet.

Opening Global Channels for Filipino Remittances

LemFi, a financial technology company dedicated to building services for immigrant communities, has announced a major integration with GCash. With more than 94 million registered users, GCash is the Philippines’ dominant mobile wallet platform, powering everything from payments to credit, savings, and insurance.

Through this partnership, Filipinos living in North America and Europe, including the United Kingdom, can now remit funds directly into GCash wallets. The feature comes with zero transfer fees, real-time delivery, competitive exchange rates, and no minimum transaction thresholds, making it both affordable and convenient for millions of overseas workers supporting their families.

A Win for the Overseas Filipino Community

The Philippines is one of the world’s largest remittance markets, with overseas workers contributing billions annually to the local economy. For many families, receiving money quickly and cheaply is critical.

“Speed and reliability are what our kababayans abroad demand,” explained Paul Albano, General Manager of GCash International.

LemFi echoed the sentiment, highlighting its mission to build inclusive payment infrastructure. “Our goal is to simplify international transfers. Partnering with GCash brings us closer to that vision, by connecting Filipinos abroad to tools they already trust,” said Philip Daniel, LemFi’s Head of Global Expansion and Growth.

More Than Just Transfers

Funds sent into GCash can be used seamlessly for everyday needs:

• Paying bills

• Buying mobile data and airtime

• Covering household expenses

• Accessing financial products like savings and credit

The partnership was formally unveiled at a Filipino community event in Toronto, underscoring its importance to diaspora communities. For local users, it also creates a new way to top up their GCash wallets via LemFi, expanding choice in how funds flow into the platform.

Backed by Growth and Global Ambitions

This announcement builds on LemFi’s momentum following its recent Series B funding round and the acquisition of UK-based fintech Pillar, a startup focused on immigrant credit solutions. The move reflects a broader trend of African-born fintechs, such as Paga and Tyme Group, targeting emerging markets where banking penetration remains low but mobile adoption is high.

The Philippines, with a population of over 100 million, just 56% of adults formally banked, and mobile and internet penetration rates of 90% and 73% respectively, mirrors the digital-first trajectory of countries like Nigeria. For LemFi, it represents both a significant growth market and a strategic bridge between immigrant communities abroad and families at home.