Lemfi vs Remitly: Which Pays More in 2026?
Live rate comparison for African diaspora corridors. Both providers compared side by side, sorted by who delivers the most to your family.
Lemfi vs Remitly: Live Rate Today
Select your corridor below. Both Lemfi and Remitly appear in the table along with all other providers, so you can see exactly how they compare right now.
CAD →NGN
Amount: 100 CAD · 7 providers compared
Remitbee
🎁 New User Rate1,010.50 NGN/CADRecipient gets
96,049.83
NGN
Rates Checked Hourly
Collected from each provider's own platform
Licences Checked
Register details on each provider page
Ranked by Payout
Sorted by what your recipient gets
Zero Sign-Up Required
Free to use, no account needed
CheckRate compares rates only. Click a provider to send money on their platform. Rates are the latest checked and may have changed since. Always confirm the final amount on the provider's app before sending.
Corridors Both Support
Lemfi vs Remitly: Full Comparison
Lemfi
Remitly
Founded
2020
2011
Headquarters
London, UK
Seattle, US
Fee model
No transfer fee in CheckRate's records
Fee varies by route, from none up to 6.99 CAD in CheckRate's records
Speed
Usually within minutes, by LemFi's own Nigeria page
Not measured by CheckRate; the app shows an estimate before you pay
Sending currencies
CAD, GBP, USD, EUR
CAD, GBP, USD, EUR
Destinations
NGN, GHS, KES, UGX, RWF, XAF, XOF, TND
NGN, GHS, KES, UGX, RWF, XAF, XOF, ZAR, SLE, ZMW, TND, INR, PKR
Delivery methods
Nigeria: bank accounts and P2P, Ghana: MTN Mobile Money, AirtelTigo, Telecel Cash, Zeepay and banks, Kenya: M-PESA, KCB, Equity and Standard Chartered
Nigeria: bank deposit, cash pickup and mobile wallet, Ghana: cash pickup, bank deposit and mobile wallet, Kenya: M-Pesa, Airtel Money, Equitel, bank deposit and cash pickup, South Africa: bank deposit and cash pickup
Regulation
Canada: Pomelo Technology Canada Ltd., FINTRAC M20383642, on the Bank of Canada PSP register; UK: RightCard Payment Services Limited, trading as Lemfi, FCA FRN 900424 (authorised e-money institution); US: Pomelo Two US LLC, NMLS 2523778, money transmitter licences in 15 states; LemFi says a partner licensed institution serves other states
Canada: Remitly Canada, Inc., FINTRAC M15481516, on the Bank of Canada PSP register; UK: Remitly U.K., Ltd, FCA FRN 1047222 (authorised e-money institution); US: Remitly, Inc. is listed in FinCEN's money services business search
Pros: Head to Head
Lemfi
- Highest standard rate on 67 of 75 days for CAD to XOF in CheckRate's records (13 June to 11 October 2026)
- Often led on routes to Uganda: 50 of 75 days from euros, 47 from US dollars, 42 from pounds
- No separate transfer fee on any route in our records
- Lists mobile money in Ghana and M-PESA in Kenya on its own pages
- Registered in Canada (FINTRAC and Bank of Canada) and authorised by the FCA in the UK
Remitly
- Paid the euro peg rate on every day for EUR to XAF and XOF in CheckRate's records (13 June to 11 October 2026)
- Highest standard rate on 60 of 75 days for CAD to SLE and 59 of 75 for GBP to XOF
- Tracked on thirteen destination currencies
- Lists cash pickup in Nigeria, Ghana, Kenya and South Africa
- First-transfer promotional rate for new customers, shown separately on CheckRate
The Verdict: Lemfi vs Remitly
There is no single answer. In CheckRate's records the provider with the highest rate differs from route to route and changes over time, and fees differ by route. The licence details above are what we found on the regulators' registers in October 2026.
Compare the estimated amount received for your route and amount on the day you send, then confirm the final figure in the provider's app before you pay.
Compare live rates nowLemfi vs Remitly: FAQ
Is Lemfi or Remitly better for sending money?
It depends on the route and the day. In CheckRate's records the provider with the highest rate changes from route to route and from day to day, and a transfer fee can change the order. Compare their estimated amounts received for your route on the day you send.
Does Lemfi or Remitly charge fees?
Lemfi: No transfer fee in CheckRate's records; the cost is in the exchange rate. Remitly: Fee varies by route, from none up to 6.99 CAD in CheckRate's records; the rest of the cost is in the exchange rate. The estimated amount received on CheckRate already accounts for the fee we have on record and the exchange rate.
Which is faster: Lemfi or Remitly?
Lemfi: Usually within minutes, by LemFi's own Nigeria page. Remitly: Not measured by CheckRate; the app shows an estimate before you pay. CheckRate does not measure delivery times, and each provider shows its own estimate before you pay.
Are Lemfi and Remitly regulated?
What we found on the regulators' registers (9 to 11 October 2026). Lemfi: Canada: Pomelo Technology Canada Ltd., FINTRAC M20383642, on the Bank of Canada PSP register; UK: RightCard Payment Services Limited, trading as Lemfi, FCA FRN 900424 (authorised e-money institution); US: Pomelo Two US LLC, NMLS 2523778, money transmitter licences in 15 states; LemFi says a partner licensed institution serves other states. Remitly: Canada: Remitly Canada, Inc., FINTRAC M15481516, on the Bank of Canada PSP register; UK: Remitly U.K., Ltd, FCA FRN 1047222 (authorised e-money institution); US: Remitly, Inc. is listed in FinCEN's money services business search. Registration is not deposit insurance.
Full Provider Reviews
Rates shown are fetched from provider platforms and updated approximately every hour. They are for comparison purposes only and are not guaranteed at the time of transfer. CheckRate is not paid by these providers, and our links go to their public websites. See our rate methodology for details.