Lean Technologies

Lean is an open banking platform providing a universal API that unlocks critical infrastructure across the MENA region.

Lean is building developer-friendly infrastructure to provide access to consumer Financial data.

Lean Technologies was founded in 2019 by Hisham Al-Falih, Aditya Sarkar and Ashu Gupta. The company is headquartered in Riyadh, with offices in Abu Dhabi, Dubai, Cairo and London.

 

Lean operates a B2B platform that enables fintech companies and other financial institutions to securely access customer financial data and payment initiation capabilities using programming interface (API) integration, ultimately helping them develop a full-fledged open banking system.

 

Lean's simple APIs abstract developers away from the complexities of financial infrastructure, enabling them to focus on what matters most; their customer. The platform has amassed dozens of major clients.

 

Lean is backed by Sequoia Capital India, RAED Ventures, Shorooq Partners, Outliers VC, Liberty City Ventures, Human Capital, Global Founders Capital, Jimco, and others. The company raised $33M in Series A round on Jan 20, 2022. This brings Lean's total funding to $36.5M to date.

 

 

  • Year founded: 2019
  • Funding Info: $36.5M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Riyadh
  • State: Riyadh
  • Country: Saudi Arabia
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