Lean Technologies

The Data and Payments tools to empower MENA's next generation of financial products

Riyadh, Saudi Arabia · Founded 2019 · $104.0M raised

Headquarters
Riyadh
Employees
51–200
Founded
2019
Business Model
B2B
Total Funding
$104.0M
Last Round
$67.5M Series BNov 2024
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Lean Technologies is the leading open banking infrastructure provider in the MENA region, offering financial data and payment APIs that enable fintechs, banks, and enterprises to build next-generation financial products. Its platform provides account connectivity, payments, identity verification, and reconciliation across Saudi Arabia, the UAE, and broader MENA markets. Lean is regulated by ADGM and holds ISO 27001 and SOC 2 Type II certifications.

Summary

Lean Technologies is a Financial Services company based in Riyadh, Saudi Arabia, founded in 2019. It has raised $104.0M in total across 3 rounds, most recently a $67.5M Series B round in Nov 2024. Investors include Raed Ventures, General Catalyst and Sequoia Capital.

Tech & App Stack

11 technologies & apps tracked

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Funding History

Series BSeries BNov 2024
$67.5M

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Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

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