For many Nigerians working in Europe, sending money home is part of everyday life — supporting family, paying bills, or investing in local businesses. Choosing the right app for sending money can make a big difference. In this article, we compare two major fintech apps users rely on: Remitly and LemFi. We’ll look at fees, speed, customer experience, and especially the EUR to NGN exchange rate, so you can decide which platform fits your needs.
Remitly vs. LemFi: an overview
Exchange rate and fees
User experience
Speed and convenience
Reliable alternative
FAQ
Remitly vs. LemFi: an overview
Remitly overview
Remitly is one of the most recognised remittance apps used by the Nigerian diaspora. It allows transfers from multiple European countries directly to Nigerian bank accounts or mobile wallets. The service is known for its reliability and clear rate display. According to the latest updates, the Remitly rate for euro to naira transfers is competitive, especially for first-time users. However, exchange rates may vary depending on the payment method and amount. As per late November 2025, the Remitly euro to naira exchange rate often stays close to 1 EUR ≈ 1,714.77 NGN, based on location and time of transfer.
LemFi overview
LemFi focuses on fast transfers and zero fees for many corridors. The LemFi app supports Nigerians in the EU, UK, Canada, and the US, allowing quick payments to Nigerian accounts. While LemFi promotes free transfers, users should check the LemFi euro to naira exchange rate before sending money. The rate margin can change during the day. Some reviews mention that the LemFi rate for euro to naira transactions isn’t always as transparent as it seems.
Exchange rate and fees
When sending money abroad, the EUR to NGN exchange rate determines how much your recipient receives. Even a small difference can mean thousands of naira gained or lost.
Remitly’s value
Remitly usually publishes its exchange rate directly on the website or in-app. The Remitly EUR to NGN exchange rate is easy to check before confirming the payment. For example, if 1 EUR = 1,714.77 NGN, sending €500 would deliver around ₦857,385 to Nigeria.
Promotional offers may boost your rate for the first transfer, but after that, the Remitly euro to naira exchange rate can be slightly lower than the market one.
LemFi’s value
LemFi promotes “no-fee transfers,” which sounds appealing. However, it’s crucial to check how much your recipient actually receives. The LemFi euro to naira exchange rate may change at times, making it up for seemingly low fees.
For instance, if the LemFi rate for euro to naira is 1 EUR = 1,713 NGN, then sending €500 will result in around ₦856,500 — slightly less than what you’d get from Remitly at that moment.
To get the best outcome, compare both the Remitly rate for euro to naira and the LemFi euro to naira exchange rate on the day you send. This quick step ensures you always maximise your EUR to NGN exchange rate value.
User experience and trustworthiness
Remitly review
The Remitly Trustpilot profile shows over 90 000 reviews and an average of 4.6/5.
What users like:
- Some users mention having a smooth experience with Remitly. One first-time sender said the process was quick and simple, and the money reached the recipient almost immediately.
Issues raised:
- A recent Trustpilot review shows that not all Remitly transfers arrive on time. One user reported sending money on November 4, 2025, and by November 15 it still hadn’t reached the recipient.
- Another user reported that Remitly suspended their account even after they submitted all required documents.
LemFi review
Looking at LemFi, the Trustpilot average settles around 4.5/5, based on over 6,000 reviewers.
What users like:
- Some users praise LemFi for its speed and reliability.
Issues raised
- Some reviewers report serious concerns about security on LemFi. One user said they were scammed through fraudsters using the app and couldn’t recover the £390 they lost. Another reviewer claimed LemFi first agreed to refund money lost to a fraud case and later reversed the decision.
Speed and convenience
Both services provide fast transfers for most transactions. According to user feedback, Remitly deposits can arrive in minutes, especially when paying with a debit card. LemFi also delivers within minutes to major Nigerian banks like GTBank, Access Bank, and FirstBank.
For Nigerians in the EU, speed depends on the option — card transfers are faster, while bank transfers to Nigeria may take longer. Both platforms use encrypted online payment apps Nigeria frameworks to protect transactions. In a broader transfer comparison, Remitly is known for stability, while LemFi’s appeal lies in its flexibility and app-first experience.
Profee: A transparent and reliable alternative
While Remitly and LemFi are popular, another trusted alternative for Nigerians in Europe is Profee. Our service is known for its transparency, simplicity, and competitive EUR to NGN exchange rate.
Here’s what stands out about Profee:
- Zero commission on the first transfer. We welcome new customers with a fee-free transfer.
- Fast money sending. Over 90 % of transfers arrive within minutes – if you need your money to be delivered ASAP, we have you covered.
- Transparent rates. We show how much your recipient will get before confirmation. No hidden charges or changing margins.
- Wide coverage. We support transfers from Europe, the UK, Canada to Nigeria and dozens of other destinations in Africa and across the globe.
- Licensed and regulated. We ensure high security and trust, complying with global standards and creating in-house solutions.
- We know that Nigerian expats seek a strong euro to Nigerian naira exchange rate, quick delivery, and top-level security.
Therefore, we aspire to deliver the transfer experience you will appreciate.
So, if you compare all three — Remitly, LemFi, and Profee — the difference often lies in transparency. With Profee, what you see is truly what you get.
Always compare the EUR to NGN exchange rate and total cost before hitting send. That’s the key to smarter, faster, and more affordable international transfers.
FAQ
Which service has the best euro to Nigerian naira exchange rate?
Rates change very often, but Profee generally offers more transparent values. Always check the rate in each app before sending.
Is LemFi cheaper because it has no fees?
Not always. The LemFi exchange rate can include a hidden margin that reduces the NGN your recipient gets. Comparing rates side by side will show the real difference.
How fast are transfers to Nigeria?
Both Remitly and LemFi complete transfers in minutes when paying by card. Profee also offers fast money sending for Nigerians in Europe, often completing within a few minutes.
Are these apps safe?
Yes. All three use encryption and comply with European AML standards. Remitly, LemFi, and Profee are considered trusted money apps for Nigerians.
What makes Profee worth trying?
Profee combines transparent fees, a strong EUR to NGN exchange rate, and fast transfers with no hidden costs — making it one of the easiest and most reliable ways to send money to Nigeria.
