Lenco (YC W22) vs wamo
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Lenco (YC W22)
We revolutionize digital payments by offering seamless, secure, and innovative solutions
50 employees · est. 2021 · Lagos, Nigeria
wamo
A business account for European businesses that combines digital ease with real human support
126 employees · est. 2021 · London, United Kingdom
wamo is the larger of the two.
Side-by-Side Comparison
| Metric | Lenco (YC W22) | wamo |
|---|---|---|
| Founded | ||
| Founded | 2021 | 2021 |
| Headquarters | ||
| Headquarters | Lagos, Nigeria | London, United Kingdom |
| Employees | ||
| Employees | 50 | 126 larger |
| Industry | ||
| Industry | Financial Services, Fintech, Banking | Fintech, Payments, Marketing |
| Funding Stage | ||
| Funding Stage | Seed | Series A |
| Total Funding | ||
| Total Funding | $2.10M | $21.61M |
| Funding Rounds | ||
| Funding Rounds | 4 | 7 |
| Services | ||
| Services | Business Current Accounts, Expense Management, Payout Processing, Bill Payments, API Integration | Business Accounts with EU IBAN, Seamless POS Integration, Competitive FX Rates, Visa Debit Card Issuance, Expense and Spend Management, Multi-currency Transactions, Automated Bookkeeping Integration |
| Target Customers | ||
| Target Customers | Startups, Sole Traders, SMEs, Freelancers, Retail Businesses, Logistics Companies, Hospitality Businesses, Developers | Cross-border EU Businesses, Startups, Scale-ups, Enterprises, Freelancers, Sole Traders, Self-employed Professionals |
| Taxonomy | ||
| Taxonomy | Digital PaymentsNeobankSME BankingCurrent AccountsExpense ManagementBusiness Growth Tools +4 | Digital BankingBusiness AccountsSME SupportHuman-Centric ServiceMoney RemittanceForeign Exchange +8 |
| Website | ||
| Website | lenco.co | wamo.io |
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...
About wamo
wamo is a European fintech company based in London, United Kingdom, focused on simplifying banking, finance, accounts, and administration for small businesses. It provides a business account for European businesses to meet the digital service demands of entrepreneurs, combined with human support. F...
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Related Comparisons
Compiled from the BounceWatch company index. We last looked at Lenco (YC W22) on 5 Mar 2026, and wamo on 29 Oct 2026. 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.
