Lenco (YC W22)

Lenco (YC W22)

Founded in 2021, Lenco is a Nigerian-based startup that aims to revolutionize digital payments by offering seamless, secure, and innovative solutions. The company provides full-fledged current accounts and expense management tools for African businesses, with a focus on facilitating their growth in the evolving financial landscape.

Recently, Lenco secured a significant milestone with a $2.00M Seed Round investment on 23rd March 2022. The investment came from a diverse group of supporters, including Techstars, Y Combinator, Pioneer Fund, Christian Edler, True Capital Fund, Trajectory Ventures, Leonis Investissement, Millennia Capital, First Circle Capital, and Philippe Teixeira da Mota.

Lenco operates in the Financial Services, Fintech, and Banking industries, reflecting its commitment to addressing the evolving needs of businesses in these sectors. With its headquarters in Nigeria, Lenco positions itself at the heart of the African financial ecosystem, primed to make a significant impact on the region's digital payment landscape.

With its compelling vision and strong backing from reputable investors, Lenco emerges as a promising player in the fintech scene, poised to drive meaningful change and innovation in the African financial services sector. For any inquiries, Lenco can be reached at [email protected].