The Venture Codex Logo

The Venture Codex

Lean Technologies

Floor No. 1, Building No. 3403, Al Hawi Street, Riyadh, Ar Riyad, 13516, Saudi Arabia

Overview

Lean Technologies is a Riyadh-based fintech infrastructure platform offering businesses secure access to critical financial infrastructure, enabling them to embed personalized payments and financial services. Its core products include A2A payment solutions, Pay-by-Bank and Open Banking data services that simplify pay-ins, payouts and account verification. The company is regulated by ADGM in the UAE and has processed over $2 billion in total volumes while verifying nearly 1 million bank accounts across clients. Major customers include e&, DAMAC, Careem, Tawuniya, Abdul Latif Jameel Finance, Salla, Tabby, and Tamara. With the new funding, Lean plans to scale its Pay-by-Bank and Open Banking offerings, deepen partnerships, grow its team, and expand its product suite across the MENA region. The company has positioned itself as a key fintech infrastructure provider focused on improving accessibility, transparency, and inclusion in the regional financial ecosystem.

Total raised
$68M
Funding rounds
1
Latest round
Series B
Latest activity
Nov 2024

Industries

  • Financial Services
  • FinTech
  • Information Technology
  • Predictive Analytics
Visit website

Recent funding

  1. Series B

    Nov 2024

    $68M

Team

  • Hisham Al-Falih

    Chief Executive Officer

    LinkedIn
  • Aditya Sarkar

    Chief Technology Officer

    LinkedIn
  • Ashu Gupta

    Chief Security Officer

    LinkedIn
  • Illia Shpak

    Engineering Manager ( DevOps )

    LinkedIn