Lenco (YC W22)

We revolutionize digital payments by offering seamless, secure, and innovative solutions

50 employees · est. 2021 · Lagos, Nigeria

Relio

Relio – the Swiss digital account for businesses.

39 employees · est. 2020 · Zurich, Switzerland

Relio is the older company (2021 vs 2020).

Side-by-Side Comparison

Metric	Lenco (YC W22)	Relio
Founded
Founded	2021	2020 older
Headquarters
Headquarters	Lagos, Nigeria	Zurich, Switzerland
Employees
Employees	50	39
Industry
Industry	Financial Services, Fintech, Banking	Financial Services, Fintech, Banking
Funding Stage
Funding Stage	Seed	Seed
Total Funding
Total Funding	$2.10M	$3.70M
Funding Rounds
Funding Rounds	4	3
Services
Services	Business Current Accounts, Expense Management, Payout Processing, Bill Payments, API Integration	Online business account opening, International money transfers, Multi-currency wallets, Personalized customer support, Software integrations
Target Customers
Target Customers	Startups, Sole Traders, SMEs, Freelancers, Retail Businesses, Logistics Companies, Hospitality Businesses, Developers	Small businesses, Freelancers, Startups, Medium enterprises, Complex business structures
Taxonomy
Taxonomy	Digital Payments, Neobank, SME Banking, Current Accounts, Expense Management, Business Growth Tools, Seamless Transactions, Secure Banking Solutions, Innovative Fintech, African Business Solutions	Digital Banking, Business Accounts, SME Banking, Compliance Automation, KYC Solutions, Payment Processing, Financial Technology, Swiss IBAN, Online Banking, Complex Account Management, FinTech Solutions, Regulatory Technology, Transaction Management
Website
Website	lenco.co	relio.ch

About Lenco (YC W22)

Lenco (YC W22) is making significant strides in the fintech landscape by offering a platform that innovates digital payments with an emphasis on seamless and secure solutions tailored for African enterprises. Founded in 2021, Lenco equips businesses in Nigeria with comprehensive current accounts and...

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About Relio

Relio is a promising player in the world of financial services, revolutionizing how businesses navigate digital banking solutions. Founded in 2020, this innovative startup offers the unique proposition of providing a Swiss digital payment account, even for complex companies. With just a few clicks,...

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Frequently Asked Questions

Lenco (YC W22) — We revolutionize digital payments by offering seamless, secure, and innovative solutions. Relio — Relio – the Swiss digital account for businesses.. Both companies operate in related markets but may differ in funding stage, team size, and product focus.

Lenco (YC W22) has raised $2.10M while Relio has raised $3.70M.

Lenco (YC W22) and Relio operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Related Comparisons

Relio vs YAPEAL Lenco (YC W22) Alternatives All Companies All Signals

Compiled from the BounceWatch company index. We last looked at Lenco (YC W22) on 5 Mar 2026, and Relio on 3 Jul 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.