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Lesslie provides financial technology tools and services tailored for businesses engaged in cross-border operations. Its core product, Lesslie PAY, is a payment platform designed to simplify complex global transactions. The company enables businesses to manage international payments efficiently, directly reducing typical costs and delays associated with worldwide money transfers.
Karl Gunnar Rytterling and Oscar Ingemar Viken co-founded Lesslie in 2020. They recognized significant inefficiencies in traditional international payment systems, highlighting a critical market demand for a modern, streamlined solution. Their founding insight focused on empowering businesses to conduct global commerce with enhanced ease and financial advantage.
Lesslie primarily serves businesses involved in international trade, providing agile, cost-effective global financial management. Its vision extends to evolving into a full-service neobank, offering a comprehensive suite of banking solutions tailored for modern cross-border enterprises.
Lesslie has raised $2.0M across 1 funding round.
Lesslie has raised $2.0M in total across 1 funding round.
Lesslie has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in February 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2024 | $2M Seed | — | Wellstreet | Announced |
Lesslie has raised $2.0M in total across 1 funding round.
Lesslie's investors include Wellstreet.
Lesslie is a fintech company that builds a payment platform designed to simplify and reduce the cost of cross-border payments for small and medium-sized enterprises (SMEs). Their flagship product, Lesslie PAY, automates the handling of international supplier and customer invoices by integrating corporate banking services directly with ERP and business systems. This streamlines administrative accounting processes, reduces banking fees, and provides businesses with a clear overview and easy execution of foreign payments. Lesslie serves SMEs engaged in international trade, addressing the complexity and high costs traditionally associated with cross-border transactions. The company has demonstrated growth momentum by securing funding rounds and expanding its customer base, saving clients significant amounts annually through better exchange rates and automated bookkeeping[1][2][3][6].
Founded in Stockholm in 2020 by Gunnar Rytterling, Oscar Viken, and Filip Askviken, Lesslie emerged from the founders’ extensive backgrounds in banking and payments at major firms like Nordea and Klarna. Gunnar, with over a decade of experience on a markets trading floor, and Oscar, a payments industry expert, teamed with Filip, a tech specialist in financial software development, to create a solution that reimagines corporate banking. Their vision was to move banking services out of traditional internet banks and into ERP and business systems, giving rise to the concept of a Digital Financial Officer (DFO) — an assistant that operates across banking, business, and tax accounts. Early traction included the launch of Lesslie PAY, which quickly gained adoption by businesses seeking efficiency and cost savings in international payments[2][3][4].
Lesslie rides two converging mega trends: the digitalization of financial services driving automation, and regulatory shifts promoting open banking. By embedding banking functions within business systems, Lesslie aligns with the broader movement toward integrated financial workflows and neobanking. This timing is critical as SMEs increasingly demand streamlined, transparent, and affordable international payment solutions. Market forces such as globalization, increased cross-border trade, and the rise of ERP adoption favor Lesslie’s model. The company influences the fintech ecosystem by challenging traditional banking paradigms and pushing toward a future where banking and business systems converge seamlessly[1][3].
Looking ahead, Lesslie aims to deepen its presence in the international SME payment vertical and evolve into a neobank, expanding its product suite beyond payments to broader corporate banking services integrated within business systems. Trends such as continued open banking adoption, AI-driven automation, and global trade growth will shape their journey. As Lesslie scales, its influence may grow from a payment facilitator to a comprehensive digital financial officer for businesses, potentially redefining how SMEs manage their finances globally. This trajectory ties back to their founding vision of making banking and accounting easy, efficient, and integrated within the digital workflows of modern enterprises[1][3][6].
