Lean is a fintech platform providing a universal API that unlocks critical infrastructure across the MENA region. We enable fintech innovators to seamlessly connect to their customers’ bank accounts to initiate real time payments and retrieve their account information.
Location: Saudi Arabia, Riyadh Region, Riyadh
Employees: 11-50
Total raised: $67.5M
Founded date: 2019
Investors 6
| Date | Name | Website |
| - | Shorooq In... | shorooq.co... |
| 17.11.2021 | Breyer Cap... | breyercapi... |
| - | 500 Startu... | 500.co |
| - | Fatima Gob... | fatimagobi... |
| - | avra | avracap.co... |
| - | Khwarizmi ... | khwarizmiv... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 21.11.2024 | Series B | $67.5M | - |
Mentions in press and media 8
| Date | Title | Description |
| 21.11.2024 | Lean Technologies: Riyadh-Based Fintech Infrastructure Company Raises $67.5 Million (Series B) | Lean Technologies, a Riyadh-based fintech infrastructure platform, announced it had raised $67.5 million in Series B funding led by General Catalyst. Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, Arbor Ventures, and... |
| 15.11.2024 | "We Got Funded!" KSA-Based Lean Technologies' US$67.5 Million Series B Round Marks Silicon Valley-based General Catalyst's Debut Investment in the Kingdom "By expanding access to financ... | Lean Technologies (Lean), a Saudi Arabia-based fintech infrastructure platform has raised US$67.5 million in a Series B round led by General Catalyst, a Silicon Valley-based global venture capital (VC) firm. The round also saw the participa... |
| 12.11.2024 | Fintech and Sustainability: The New Frontiers of Investment | In the bustling world of venture capital, two recent funding rounds stand out. They shine a light on the transformative power of technology in finance and construction. General Catalyst, a prominent Silicon Valley firm, is at the helm of th... |
| 11.11.2024 | General Catalyst leads $67.5M Series B round in Saudi fintech Lean Technologies | Silicon Valley venture capital firm General Catalyst has led a $67.5 million Series B funding round for Riyadh-based Lean Technologies, a fintech infrastructure platform. With this, General Catalyst marks its first investment in a Saudi s... |
| 01.11.2024 | ZainTECH, FICO, and LEAN partner with Tamam to drive AI-Powered innovation in Saudi Arabia’s Fintech Sector | Share Tweet Share Share Email Four-party collaboration will result in the region’s first-of-its-kind AI-driven credit assessment model in the Kingdom, leveraging open banking data to drive financial inclusion The enhancement to Tamam’s micr... |
| 24.01.2022 | Lean Technologies lands $33m funding to build infrastructure for fintech in the Middle East | Saudi Arabian fintech Lean Technologies has secured $33 million in its Series A funding round, led by Sequoia Capital India. Lean Technologies raises $33m in Series A New York-based Liberty City Ventures and former General Electric CEO Jeff... |
| 09.07.2020 | Saudi fintech Lean raises $3.5 million seed for its financial APIs platform | Riyadh-based financial APIs platform Lean has raised $3.5 million in a seed round, it announced in a statement to MENAbytes today. The round was led by Raed Ventures with the participation of Abu Dhabi’s Shorooq Partners, US & Saudi-bas... |
| - | Lean Technologies | “Lean provides the Data and Payments tools to empower MENA's next generation of financial products | Trusted by Etisalat, Hubpay, Lulu Finance, Binance, Sarwa and more.” |