Lemfi completes acquisition of Irish currency exchange Bureau Buttercrane; begins European march
- Lemfi acquires Bureau Buttercrane for European expansion.
- Acquisition received regulatory approval from the Central Bank of Ireland.
- Lemfi plans to use Irish license for operations across the EEA.
Lemfi's strategic acquisition of Bureau Buttercrane is a commendable move that not only enhances its regulatory standing in Europe but also positions it well to capitalize on the lucrative remittance market. However, the company must navigate the complexities of local payment preferences and regulations to ensure successful integration and growth in this competitive landscape.
