Lenco
PrivateLast Round
Accelerator
Mar 29, 2022
Total Funding Raised
$620,000
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Lenco operates in FinTech and is based in Lagos. Its latest recorded funding round was an Accelerator round in March 2022.
Lenco is a fintech company that provides a digital banking and expense management platform for startups and SMEs in Africa.
Sector
FinTech
Verticals
Digital Banking, Digital Payments, Accounting & Expense, Corporate Banking
Business Model
B2B
Customer Profile
Usage-Based SaaS, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Lenco Comparables
Compare Lenco with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Prospa | 87% | |
| Zazu Africa Limited | 83% | |
| Boya | 80% |
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Lenco Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Accelerator | Mar 29, 2022 | ||||
| Accelerator | Oct 21, 2021 |
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Key People
Founding team and executive leadership
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Lenco Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| True | Accelerator |
| Pioneer Fund | Accelerator |
| Leonis Investissement | Accelerator |
| Techstars | Accelerator |
| Trajectory Ventures | Accelerator |
| Y Combinator | Accelerator |
| Millennia Capital | Accelerator |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 12, 2026
Monthly visitors increased 34% MoM.
- Mar 23, 2022
Raised a Seed round with participation from True and Techstars.
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Lenco Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Lenco's valuation, stock price, and market status.
Is Lenco a public or private company?
Lenco is a private company.
What is the current stock price of Lenco?
Lenco is a private company, so its shares have no public market price. Caplight tracks Lenco's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Lenco worth (valuation)?
Valuation information for Lenco is not publicly available.
Can I buy Lenco stock?
Lenco shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Lenco's last funding round?
Lenco's most recent funding round was Accelerator on March 29, 2022.
Who are the main investors in Lenco?
Key investors in Lenco include Techstars.
Will Lenco IPO soon?
No public IPO plans have been announced for Lenco.
How can I track Lenco secondary market activity?
Caplight tracks bids, offers, and trades in Lenco's shares on secondary markets.