Allen Qu has been appointed Vice President of Growth at LemFi, a financial technology company that creates cutting-edge international payment solutions, to oversee the company’s expansion into China.
Former OPay Chief Operating Officer (COO) Allen Qu oversaw the company’s expansion to unicorn status.Allen Qu has over 14 years of expertise and a proven track record of creating multibillion-dollar businesses across numerous nations.
Following LemFi’s recent successes, which include the introduction of its services in the US and a US$33 million Series A capital investment spearheaded by LeftLane Capital, the company announced his hiring.
Allen Qu, who will spearhead LemFi’s expansion initiatives within the Chinese diaspora, is no stranger to building companies in frontier markets.
First with Beijing-based Proptech startup ke.com (NASDAQ:BEKE) and then with African Fintech company OPay, a financial services division of Opera Software AS (NASDAQ: OPRA), he guided the growth of both businesses to unicorn status.
Allen Qu intends to leverage his extensive professional background to establish significant alliances, expand LemFi’s clientele in the Chinese market, and enhance product innovation to suit the demands of the expanding market.