Lenco Bank Introduces Revolutionary Lenco Category Feature!

As a business owner, the expectations of your bank grow as your business grows. It is natural to want more from your bank as your needs increase.

For those of you looking for the perfect bank for your business in terms of the cost of opening and operating the account, giving you the best service experience with the highest level of satisfaction, we have good news. We now have a new feature that will allow our customers to experience banking like never before!

At Lenco, we are offering you even better banking with solutions that suit your business needs at the time.

We’re excited to announce that Lenco is now offering a new feature called “Category“. This option makes it easy for you to organize your spending by categories.

For example, you can set up a category for rent and another one for utilities. You’ll be able to see all of your spendings in this way and even set reminders so that every month or quarter you’ll know exactly how much money is left over or spent on bills that have been paid in full.

How the New Lenco Category Feature is Changing the Way We Bank

The banking industry is constantly changing, but our goal has always been to give you the best possible experience.

The new Lenco category feature will allow us to deliver even better services that help you feel confident in your financial decisions.

As we continue to grow, we want to make sure that our offerings are aligned with what matters most to you: convenience, security, and value.

Also read: What do I need to open an account with Lenco?

Make your money work harder by managing your spending with the Lenco category feature.

• Manage your spendings

With the new Lenco category feature, you can see how much money you spend on different things. This makes it easier to manage your spending and helps with accounting and audit preparation.

You can also use categories to see how much money is left over after bills are paid so that you know what changes need to be made in order for the balance remaining after bills are paid every month.

• Personalized categories

As mentioned earlier, the Lenco category feature helps you structure your bills. For context, you can create a category for salaries, purchasing and procurement, vendors, electricity, and subscriptions. That way, you can access all expenses that have to do with any of your personalized categories.

You should also know that you can create as many categories on Lenco as you need in order to keep your financial affairs organized. This will also come in handy for accounting sake and even in preparation for an audit.

• Organize payments and plan for the future

The Lenco category feature helps you organize and make payments in the future.

It is more like personalized payments, where you can create different categories for payments that you make often in order to keep them organized.

Once you create a category on Lenco, it is easy for you to sort through your payments in the event that you need to refer to them in the near future.

We value your opinion and would love to hear from you!

Download the Lenco app on your Android or iOS and experience better banking today!

As we strive to meet your banking expectations, feel free to share with us the features that you will like to see on the platform if you believe it will work best for your business. At Lenco, we are constantly evolving banking solutions to meet your business needs.

We hope this article has been helpful to you. If you have any questions or concerns, please feel free to reach out to us and we’ll be happy to help!