Lygos logo — Receive payment instantly. Locally. Globally.

Lygos

Receive payment instantly. Locally. Globally.

Founded 2023 Cote D'ivoire (ivory Coast) Cote D'ivoire (ivory Coast) 6 employees Pre-Seed Total: $100.00K Fintech, Payments

General Information

Company Name Lygos
Founded Year 2023
Location Cote D'ivoire (ivory Coast) Cote D'ivoire (ivory Coast)
Employees 6
Industries Fintech, Payments
Funding Stage Pre-Seed
Social

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About Lygos

Lygos is a pioneering Fintech startup headquartered in Cote D'ivoire (Ivory Coast), aimed at revolutionizing the payment landscape for entrepreneurs and small to medium enterprises in Francophone Africa. Launched in 2022, the company's mission is encapsulated in its slogan, "Receive payment instantly. Locally. Globally." The payment solution has swiftly gained traction, establishing a presence in Benin, Cameroon, Ivory Coast, and Senegal, and offering support to over 2,000 businesses. Their comprehensive platform facilitates payment collection via cards, mobile money, and bank transfers, extending its reach across 50 countries.

Recently, Lygos secured a €100.00K Pre Seed Round investment on 1 May 2023, signaling a vote of confidence from potential investors. This injection of capital is a testament to the startup's potential and the robustness of its business model. While the identity of the investor remains undisclosed, the investment allows Lygos to further expand its operations, enhance its technological infrastructure, and explore new opportunities for growth.

Overall, Lygos demonstrates promise as a disruptive force in the Fintech and payments space, with its innovative approach, strategic positioning, and rapid expansion setting the stage for continued success in the dynamic African market.

Taxonomy: payment solution, entrepreneurs, SMEs, Francophone Africa, Benin, Cameroon, Ivory Coast, Senegal, mobile money, bank transfers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round €100.00K -
01 May 2023

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FAQ About Lygos

Receive payment instantly. Locally. Globally.
Lygos was founded in 2023.
Lygos is headquartered in Cote D'ivoire (ivory Coast).
Lygos operates in Fintech and Payments. Its work centres on payment solution, entrepreneurs, SMEs and Francophone Africa.
Lygos has approximately 6 employees.
Lygos has completed 1 funding round, raising a total of $100.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Lygos include onafriq, GönderAL Payment Services, Julaya, TerraPay, Skrill, a Paysafe Experience. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lygos and onafriq are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lygos, https://bouncewatch.com/company/lygos-1, updated 21 October 2024. When citing, please name BounceWatch and link this page.

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