Lenco API

Banking & Fintech · Payment Gateways & Processors

Lenco is a digital business bank engineered specifically for African companies, startups, and enterprises. Founded by Andrew Airelobhegbe, Lenco combines modern business bank accounts with a powerful Developer API that allows finance and engineering teams to automate their entire banking operations.

Lenco API Highlights

Lenco API is verified for developer integrations in Nigeria and across African markets, providing documented endpoints, sandbox testing, and developer support.

Authentication

API Key (Authorization Bearer: len_live_...)

Rate Limit

60 requests per minute

Sandbox Mode
✓ Available
Webhooks
✓ Supported
Supported Regions
NigeriaNigeriaGhanaGhanaKenyaKenya
Lenco API Services
Virtual Account NumbersBank Transfer / Pay by TransferWebhooks & Real-time NotificationsPayouts & Disbursements
Alternative African Company to

Lenco API is best for:

Startups, established SMEs, e-commerce operations, and engineering teams needing programmatic bank account control and bulk transfer automation.

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API Pricing Model
  • Free business account opening
  • Low flat fees on interbank transfers (₦15 ₦35)
  • Zero monthly maintenance or subscription fees
  • Free API sandbox access

Lenco API Supported Webhook Events

Webhooks supported (Webhooks & Real-time Notifications). Check official documentation for endpoint setup.

Required Access Documents for Lenco API

  • Business CAC RegistrationRequired
    Registered corporate documentation (Form CAC 1.1, CAC 2/7).
  • Director BVN and IDRequired
    KYC verification for corporate bank account opening.

Different Lenco API use cases

  • Automated Treasury & Vendor Payouts:Connect ERP or accounting software directly to Lenco to execute supplier payments automatically when invoices are approved.
  • Branch Reconciliation Accounts:Generate distinct bank accounts for retail branch locations to track sales and reconcile revenue automatically.

Lenco API Alternatives