Company Overview
Lean Technologies is a financial infrastructure company headquartered in Riyadh that provides application programming interfaces for pay by bank account to account payments and open banking data. Its United Arab Emirates operations are regulated by the Abu Dhabi Global Market. The company is privately held.
Lean Technologies has processed more than 2 billion dollars in account to account payment volume and counts e and, DAMAC and Careem among its clients. It has raised more than 100 million dollars in total funding. Its Series B round of 67.5 million dollars was led by General Catalyst, in that firm first Saudi investment, with participation from Bain Capital Ventures, the Duquesne Family Office, Arbor Ventures and Saudi Venture Capital.
Lean Technologies is named among the portfolio companies of Shorooq Partners, which was an early backer of the business. Shorooq Partners is not listed among the participants in the Series B round.
Recent Leadership News
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Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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