Lygos is a pioneering Fintech startup headquartered in Cote D'ivoire (Ivory Coast), aimed at revolutionizing the payment landscape for entrepreneurs and small to medium enterprises in Francophone Africa. Launched in 2022, the company's mission is encapsulated in its slogan, "Receive payment instantly. Locally. Globally." The payment solution has swiftly gained traction, establishing a presence in Benin, Cameroon, Ivory Coast, and Senegal, and offering support to over 2,000 businesses. Their comprehensive platform facilitates payment collection via cards, mobile money, and bank transfers, extending its reach across 50 countries.
Recently, Lygos secured a €100.00K Pre Seed Round investment on 1 May 2023, signaling a vote of confidence from potential investors. This injection of capital is a testament to the startup's potential and the robustness of its business model. While the identity of the investor remains undisclosed, the investment allows Lygos to further expand its operations, enhance its technological infrastructure, and explore new opportunities for growth.
Overall, Lygos demonstrates promise as a disruptive force in the Fintech and payments space, with its innovative approach, strategic positioning, and rapid expansion setting the stage for continued success in the dynamic African market.Funding Stage | Amount | No. Investors | Investors | Date |
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Pre Seed Round | €100.00K | - | 01 May 2023 |
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