What is Lenco and how does it work?

Lenco is a digital banking platform for businesses that offers multi-currency accounts, instant cross-border payments, expense management, integrated invoicing, and real-time financial analytics. You open a business bank account online in minutes, accept payments via mobile money or cards, manage cash flow with real-time reporting, pay suppliers electronically, and access loans for growth.

How much does Lenco cost?

Lenco starts as low as $29 per month. Contact Lenco for enterprise pricing and volume discounts.

How do I sign up for Lenco?

You can open a business bank account online in minutes through the Lenco website.

Who is Lenco best suited for?

Lenco is best suited for small to medium-sized enterprises, freelancers, independent contractors, and startups seeking scalable banking solutions.

Does Lenco offer an API or integrations?

Yes, Lenco offers a REST API and integrations with QuickBooks, Xero, Stripe, PayPal, Zapier, Slack, Salesforce, HubSpot, and Google Workspace.

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Lenco: Funding, Reviews & Alternatives (2026) – Liners

Lenco

🇳🇬 Nigeria 🇲🇼 Malawi 🇿🇲 Zambia

A digital business banking and expense management platform for Nigerian startups and SMEs, offering free business current accounts, payouts, payroll, and bill payments.

Available on:WebAndroidiOSAPI

Visit Lenco

Lenco is a digital-only business banking and expense management platform for startups and small-to-medium enterprises (SMEs) in Nigeria.

Key capabilities include:

Free business current accounts that businesses can open in about 10 minutes, with no minimum balance requirement
Expense management to help teams track and categorize company spending with automated record-keeping
Payroll and bulk payouts for paying employees or vendors through automated payroll processing and instant bulk bank transfers
Bill payments and eStatements, including online bill payment for recurring payments and digital statements for transaction records

Available on Web, Android, iOS, and via API access.

Built for Nigerian startups, SMEs, and small business owners who need business banking plus tools for managing expenses, controlling team access, and making routine payments.