Central Bank of Ireland approves LemFi acquisition of Irish Fintech, Bureau Buttercrane
LemFi, a London-based startup specialising in international payment services for immigrant communities in the UK, USA, Canada and Europe, has obtained regulatory approval from the Central Bank of Ireland to acquire Irish Payment Firm Bureau Buttercrane. Pomelo Remits Europe Limited, trading as LemFi, is pleased to announce that it has obtained regulatory approval from the Central Bank of Ireland to acquire a majority shareholding of Bureau Buttercrane Limited. With this acquisition, LemFi also inherits Bureau Buttercrane’s existing Payment Institution license (CBI referencenumber: C182347), allowing it to offer an extended range of financial services in the European Economic Area (EEA) region....
