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Lean Technologies logo — Simple, secure APIs to help you build smart financial produc...

Lean Technologies

Simple, secure APIs to help you build smart financial products

Founded 2019 Saudi Arabia Saudi Arabia 113 employees Series B Total: $104.00M Analytics, Financial Services +2

General Information

Company Name Lean Technologies
Founded Year 2019
Location Saudi Arabia Saudi Arabia
Founders / Decision Makers
Team member
Employees 113
Industries Analytics, Financial Services, Fintech +1
Funding Stage Series B
Social

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About Lean Technologies

**Lean Technologies** is a **fintech platform** based in **Saudi Arabia**, founded in **2019**. The company offers **simple, secure APIs** to facilitate the development of intelligent financial products. This includes a universal API that provides access to crucial infrastructure across the **MENA** region, allowing fintech innovators to easily connect to their customers' bank accounts, enabling real-time payments and access to account information. The company has gained significant traction and has received **$67.50M** in its **Series B** investment, with notable contributions from **Arbor Ventures, Bain Capital Ventures, General Catalyst, Jameel Investment Management Company**, and the **Duquesne Family Office**, as of **11 November 2024**. It's worth mentioning that **Lean Technologies Saudi for Technology and Information Systems** has obtained permission from the **Saudi Central Bank** to test its innovative services in the **Regulatory Sandbox** environment under license no. **1010622090**. For further information, interested parties can visit [SAMA's Permitted Fintechs page](https:\/\/www.sama.gov.sa\/en-US\/-SandBox\/Pages\/Permitted-Fintechs.aspx). This startup operates within the realms of **Analytics, Financial Services, Fintech, and Information Technology** and is a promising player to watch in the evolving financial technology space.

Business keywords: Fintech platform, API integration, Financial infrastructure, Consumer financial data access, Real-time payments, Bank account connectivity, Regulatory Sandbox, Financial data transparency, Instant bank transfers, Inclusive finance, Financial technology, MENA region, Regulatory compliance

Services & Products

Open Banking Solutions
Financial Data Aggregation
Payment Operations
Identity Verification
Financial Insights
Integrated Payments
Risk Management Solutions

Target Customers

Fintech Startups Financial Institutions Companies requiring Payment Operations Businesses needing Identity Verification Firms needing Financial Data Insights E-commerce Platforms Online Lending Platforms

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $67.50M 5
Arbor Ventures Bain Capital Ventures General Catalyst
Arbor Ventures, Bain Capital Ventures +3
11 Nov 2024
Secondary Market Undisclosed 1
Shorooq Partners
Shorooq Partners
10 Oct 2022
Series A $33.00M 9
Human Capital Liberty City Ventures Raed Ventures
Human Capital, Liberty City Ventures +7
20 Jan 2022
Seed Round Undisclosed 2
Shorooq Partners
Shorooq Partners, Philippe Teixeira da Mota
30 Oct 2021
Seed Round $3.50M 7
Global Ventures Global Founders Capital Raed Ventures
Global Ventures, Global Founders Capital +5
08 Jul 2020
Seed Round Undisclosed 2
Khwarizmi Ventures
Khwarizmi Ventures, 500 Global
06 Dec 2019

Latest News

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Silicon Valley's General Catalyst makes first investment into Saudi Arabia through fintech Lean Tech... — Cnbc
Silicon Valley's General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies
Cnbc Nov 23, 2025

Lean Technologies Alternatives & Competitors

View All Alternatives
Lean Technologies vs
Spare
Spare Saudi Arabia

Empowering innovative businesses to build powerful products. Universal APIs to access financial data...

Seed
16 employees
Finance, Financial Services
Compare Lean Technologies vs Spare
Lean Technologies vs
Tarabut
Tarabut United Arab Emirates

Unlocking the Power of Open Banking.

Series A
164 employees
Financial Services, Fintech
Compare Lean Technologies vs Tarabut
Lean Technologies vs
Sila
Sila United States

A new financial world, built by you. Sila is the leading money API for fintech.

Series A
57 employees
Financial Services, Fintech
View all alternatives

FAQ About Lean Technologies

Simple, secure APIs to help you build smart financial products
Lean Technologies was founded in 2019.
Lean Technologies is headquartered in Saudi Arabia.
Lean Technologies operates in Analytics, Financial Services, Fintech and Information Technology. Its work centres on Fintech platform, API integration, Financial infrastructure and Consumer financial data access. Its customers include Fintech Startups, Financial Institutions and Companies requiring Payment Operations.
Lean Technologies has approximately 113 employees.
Lean Technologies has completed 6 funding rounds, raising a total of $104.00M. The latest funding stage is Series B.
Lean Technologies offers: Open Banking Solutions, Financial Data Aggregation, Payment Operations, Identity Verification, Financial Insights, Integrated Payments, Risk Management Solutions.
Top alternatives and competitors to Lean Technologies include Spare, Tarabut, Sila, Rasan, BirAPI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lean Technologies and Spare are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lean Technologies, https://www.bouncewatch.com/company/lean-technologies, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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