You can now do more!

We’ve got a gift for you as February rolls to a close. Starting today, you can now spend more on the Lemonade Finance app, as we’ve raised your limits. The old limits were $2000 daily, $5000 weekly and $20000 monthly.

The new limits are…drumroll please: $5,000 daily, $10,000 weekly, $25,000 monthly. It means you can now send more money home to family and friends.

About that brand new app we promised….

In December, we shared that we’re working on a brand new Lemonade app that will provide a smoother and more visual experience for you. I’m happy to share that we’re making progress with the new app and after arm wrestling Afeez and Ridwan, I was even able to share one screen from the new app design with you.

Yet, Afeez, who’s our superstar head of product, says apps take quite a bit of time, so he expects that the brand new Lemonade app will be ready to launch sometime in April. And while we’re still on the subject of things we promised to launch; we’re happy to share that we’re launching the Lemonade Finance blog next week! We’re going to be telling a lot of stories about what Africans are doing in their new countries and what their new experiences are. If you’re open to sharing your experiences and stories, please email me at Olumuyiwa@lemonade.finance. I look forward to the stories we’ll tell!

While we’re still talking about people, we’re happy to share that one of our content partners, Reni Odetoyinbo, was one of only five Canadian creators selected for the #YouTubeBlack Voices Creator Class of 2022. Check out her YouTube channel here. Jackie Amoako, who is also a Lemonade content partner, was also selected for U.K’s #YouTubeBlack Voices Creator Class of 2022.

What’s happening across Africa?

1. Like Nigeria, Kenya is thinking about launching a central bank digital currency (CBDC), which is a virtual version of the Kenyan Shilling. Is this the year CBDC’s become even more mainstream?
2. In February, Senegal’s golden generation also won the African Cup Of Nations (AFCON) title. Congratulations to 16 million Senegalese citizens on their first-ever AFCON title!
3. Here’s something I read in February that really packed a punch: Did James Plymell have to die?

As Russia and Ukraine seem to be caught in the cross-hairs of conflict, one valid question is this: what happens to the 4,000 students in Ukraine? If you’re a student in Ukraine open to sharing your experience, send me an email here: olumuyiwa@lemonade.finance

Aside: As the Russia and Ukraine crisis escalates, it’s pretty easy to be hit with information overload. The trick is to stay informed without constantly staying updated in a way that may induce worrying or anxiety.

• Instead of refreshing his Twitter feed all day, Ayoola is making demo videos like this on how you can fund your Lemonade account with Open banking. He’s also watching Kim’s Convenience on Netflix.
• Loretta is holding elections in the Lemonade Finance “no work group” on where those of us in Lagos should have physical meetups. When she’s not doing that, she’s giving us tips according to her horoscope on Instagram.
• I am taking a break from Twitter as well to watch a ton of YouTube videos on how to ride a powerbike while thinking about backpacking across West Africa.

Be sure to share with us how you’re preventing information overload at this time. See you in March!