Lenco
PrivateLast Round
Accelerator
Mar 29, 2022
Total Funding Raised
$620,000
Company Overview
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
Keywords
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% |
Lenco Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Accelerator | Mar 29, 2022 | ||||
| Accelerator | Oct 21, 2021 |
Key People
Founding team and executive leadership
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 |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 23, 2022
Raised a Seed round with participation from True and Techstars.
- Oct 21, 2021
$120K round led by Techstars
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.
Request accessFrequently 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 with no public stock price. No recent secondary market data is available.
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. Visit https://www.caplight.com to learn more.
When was Lenco's last funding round?
Lenco's most recent funding round was Seed on March 23, 2022.
Who are the main investors in Lenco?
Key investors in Lenco include True, Pioneer Fund, Leonis Investissement, Techstars, Trajectory Ventures.
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 for private companies. Visit https://www.caplight.com to monitor Lenco's secondary market activity and sign up for updates.