
Zambia · Financial services startup
Lenco by BroadPay is a Zambian financial services and FinTech company founded in 2012, with operations commencing in 2013.
Funding reportedLast round: Venture (Round not Specified)
Lenco by BroadPay is a Zambian financial services and FinTech company founded in 2012, with operations commencing in 2013.
Based in Lusaka, it operates as a payment platform and digital-only banking solution tailored for businesses in Zambia. The company is a product of BroadPay Zambia Limited, which is licensed by the Bank of Zambia. Lenco by BroadPay offers a range of services focused on payments and business banking. Its flagship product is a payments gateway that facilitates transactions through mobile money, bank transfers, and cards. The company also provides electronic payment processing for service providers and bill payment solutions. In addition, Lenco offers digital-only current accounts and expense management tools designed for startups and SMEs. The company aims to support last-mile financial inclusion, enabling businesses to receive payments globally and fostering growth within the Zambian market.
Funding, as reported
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