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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$101.2M
Headquarters
Saudi Arabia
Founded
2019
LeanTech offers a range of financial tools to help businesses in the Middle East and North Africa (MENA) region develop and enhance their financial services. Their products include payment solutions for account top-ups and deposits, as well as data services like credit risk scoring and KYC compliance, which streamline operations and improve customer experiences. LeanTech stands out by providing a comprehensive infrastructure for financial products while ensuring regulatory compliance in the UAE and Saudi Arabia. The company's goal is to empower businesses to optimize their financial offerings and improve operational efficiency.
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Total Funding
$101.2M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Abu Dhabi Islamic Bank partners with Lean Technologies to advance 'financial innovation'
Saudi Arabia-based fintech Lean Technologies has secured $67.5 million in Series B funding round, led by General Catalyst, with participation from Bain Capital Ventures, Stanley Druckenmiller's Duquesne Family Office, and Arbor Ventures, among others.
Riyadh-based fintech Lean Technologies raised $67.5 million in Series B funding led by General Catalyst, marking its first investment in a Saudi startup. The round included Bain Capital Ventures, Duquesne Family Office, and Arbor Ventures, bringing Lean's total funding to over $100 million. Lean, founded in 2019, provides financial APIs and has processed over $2 billion in payment volumes. The funding will help expand its solutions in the Middle East's evolving fintech landscape.
Riyadh-based fintech infrastructure provider Lean Technologies has secured $67.5 million in Series B funding led by General Catalyst, bringing its total funding to over $100 million.
leantech.me has recently rolled out its product suite tailored for clients looking to integrate Open Banking into their platform swiftly with minimal technical investment.
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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$101.2M
Headquarters
Saudi Arabia
Founded
2019
Find jobs on Simplify and start your career today