# Lenco by BroadPay: Financial services, Lusaka, Zambia

> Lenco by BroadPay: Lenco by BroadPay is a Zambian financial services and FinTech company founded in 2012, with operations commencing in 2013.

Source: https://millionrounds.com/startup/lenco-by-broadpay (Millionrounds; every figure on the page links to its filing or article)

Zambia · [Financial services startup](https://millionrounds.com/companies)

# Lenco by BroadPay

Lenco by BroadPay is a Zambian financial services and FinTech company founded in 2012, with operations commencing in 2013.

Funding reported Last round: Venture (Round not Specified)

Financial services Lusaka, Zambia

Company summary

- **Founded:** 2012 14 years old
- **Team:** 13 11 to 50 people
- **Funding reported:** - none reported
- **Last round:** Venture (Round not Specified) Feb 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Lenco by BroadPay has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Lenco by BroadPay

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.

## What company datasets say Lenco by BroadPay raised

Funding, as reported

The last round reported **Venture (Round not Specified)** Feb 2020

Last round date **Feb 2020**

## The company, in detail

What they build

Built with from their website

Cloudflare DNS CloudFlare DigitalOcean CloudFlare CDN Zoho Zoho Mail

- **Sector:** Financial services
- **Industry code:** NAICS 522320
- **Region:** Lusaka Province

## Financial services in Zambia

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