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Lean - About the company

Lean is a series B company based in Riyadh (Saudi Arabia), founded in 2019 by Aditya Sarkar and Ashu Gupta. It operates as a Provider of open banking platform for financial data and payments. Lean has raised $104M in funding from investors like General Catalyst, Raed Ventures and Peak XV Partners. The company has 7 active competitors, including 3 that are funded. Its top competitors include companies like M2P Fintech, Prime Trust and NanoBNK.

Company Details

Provider of open banking platform for financial data and payments. It offers account connections, data aggregation, and identity verification. The platform enriches financial data with insights and facilitates integrated payments. It provides solutions for KYC, AML, credit risk scoring, and finance management. The platform also supports account top-ups, invoicing, e-commerce payments, refunds, and loan disbursement.
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Email ID
*****@leantech.me, *****@leantech.me
Key Metrics
Founded Year
2019
Location
Riyadh, Saudi Arabia
Stage
Series B
Total Funding
$104M in 4 rounds
Latest Funding Round
Ranked
Employee Count
157 as on May 31, 2026
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Lean's funding and investors

Lean has raised a total funding of $104M over 4 rounds. Its first funding round was on Jul 08, 2020. Its latest funding round was a Series B round on Mar 11, 2025 for $*****. 1 investor participated in its latest round. Lean has 24 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Lean:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 11, 2025
5849010
Series B
8428598
9457660
4950333
1103178
Nov 11, 2024
2082411
Series B
6964050
3822310
6168158
Jan 20, 2022
6301590
Series A
5884499
7337854
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Lean's founders and board of directors

Founder? Claim Profile
The founders of Lean are Aditya Sarkar and Ashu Gupta.
Here are the details of Lean's key team members:

Lean's employee count trend

Lean has 157 employees as of May 26. Here is Lean's employee count trend over the years:
Employee count trend for Lean
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Lean's Competitors and alternates

Top competitors of Lean include M2P Fintech, Prime Trust and NanoBNK. Here is the list of Top 10 competitors of Lean, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
2nd
Logo for Lean
Lean
2019, Riyadh (Saudi Arabia), Series B
Provider of open banking platform for financial data and payments
$104M
69/100
3rd
Logo for Prime Trust
Prime Trust
2004, Las Vegas (United States), Series B
AML and banking API management solutions
$171M
49/100
4th
Logo for NanoBNK
NanoBNK
2017, Quatre Bornes (Mauritius), Unfunded
Open banking solution to build digital bank
-
-
26/100
5th
Logo for Data Insights Saudi
Data Insights Saudi
2020, Riyadh (Saudi Arabia), Unfunded
Provider of openbanking platform for banking management
-
-
25/100
6th
Logo for Netekstre
Netekstre
2001, Istanbul (Turkey), Unfunded
Account aggregation platform
-
-
24/100
7th
Logo for Singleview
Singleview
2019, Riyadh (Saudi Arabia), Unfunded
Online platform offering open banking APIs, payment solutions and cash flow management
-
-
24/100
8th
Logo for Qplatform
Qplatform
2015, Moscow (Russia), Deadpooled
Open banking API solutions
-
20/100
9th
Logo for Singular Banking
Singular Banking
2017, Santiago (Chile), Deadpooled
Bank-as-a-service platform
-
14/100
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Lean's Investments and acquisitions

Lean has made no investments or acquisitions yet.

Reports related to Lean

Here is the latest report on Lean's sector:

News related to Lean

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Media has covered Lean for a total of 9 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
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