About Lesslie
Lesslie is a company based in Stockholm (Sweden) founded in 2020 by Oscar Viken and Gunnar Rytterling. It operates as a FinTech, and Pay-per-Use / Usage-Based. Lesslie has raised $1.72 million across 1 funding round from investors including Wellstreet, Quinary and Erik Seifert. Lesslie offers products and services including Lesslie PAY, Express Payments, and Multi-Currency Account. Lesslie operates in a competitive market with competitors including Stripe, Flutterwave, Square, PayU and CyberSource, among others.
- Headquarter Stockholm, Sweden
- Founders Oscar Viken, Gunnar Rytterling
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lesslie Technologies Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.72 M (USD)
in 1 rounds
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Latest Funding Round
$1.72 M (USD), Seed
Feb 09, 2024
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Investors
Wellstreet
& 3 more
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Employee Count
Employee Count
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Products & Services of Lesslie
Lesslie offers a comprehensive portfolio of products and services, including Lesslie PAY, Express Payments, and Multi-Currency Account. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
International payments are facilitated with automated bookkeeping features.
Fast international transfers are provided without additional fees.
Multiple currencies are managed in a single account.
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Funding Insights of Lesslie
Lesslie has successfully raised a total of $1.72M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.72 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.7M
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First Round
First Round
(09 Feb 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Lesslie | Valuation | Wellstreet |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lesslie
Lesslie has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Wellstreet, Quinary and Erik Seifert. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Wellstreet is engaged in early stage investments in Nordic tech startups.
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Founded Year | Domain | Location | |
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Quinary Investment AB is focused on long-term value creation through investments in B2B software companies.
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Founded Year | Domain | Location | |
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ES
Erik Seifert |
Angel investor and advisor in Indian startups, focused on tech and innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lesslie
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lesslie
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lesslie Comparisons
Competitors of Lesslie
Lesslie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Flutterwave, Square, PayU and CyberSource, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lesslie
When was Lesslie founded?
Lesslie was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Lesslie located?
Lesslie is headquartered in Stockholm, Sweden.
Who is the current CEO of Lesslie?
Gunnar Rytterling is the current CEO of Lesslie. They have also founded this company.
Is Lesslie a funded company?
Lesslie is a funded company, having raised a total of $1.72M across 1 funding round to date. The company's 1st funding round was a Seed of $1.72M, raised on Feb 09, 2024.
What does Lesslie do?
International payment services are offered by Lesslie to businesses engaged in import and export activities. Cost-effective solutions for cross-border transactions are provided, focusing on eliminating hidden fees and simplifying bookkeeping. Automated processes and integrations with systems like Fortnox and Visma eEkonomi are supported. Express payments and multi-currency accounts are included to enhance efficiency in global trade. Operations are regulated by the Swedish Financial Supervisory Authority, ensuring secure transactions for clients in various sectors.
Who are the top competitors of Lesslie?
Lesslie's top competitors include Stripe, PayU and Flutterwave.
What products or services does Lesslie offer?
Lesslie offers Lesslie PAY, Express Payments, and Multi-Currency Account.
Who are Lesslie's investors?
Lesslie has 4 investors. Key investors include Wellstreet, Quinary, Erik Seifert, and David Craelius.