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.
- Website
- leantech.me
- 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
Investors
Ranked
2nd among 7 active competitors
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:
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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 |
View details of Lean's funding rounds and investors
Lean's founders and board of directors
Founder? Claim ProfileThe founders of Lean are Aditya Sarkar and Ashu Gupta.
Here are the details of Lean's key team members:
- Aditya Sarkar: Co-Founder of Lean.
- Ashu Gupta: Former Co-Founder of Lean.
View details of Lean's Founder profiles and Board Members
Lean's employee count trend
Lean has 157 employees as of May 26. Here is Lean's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
2nd | Lean 2019, Riyadh (Saudi Arabia), Series B | Provider of open banking platform for financial data and payments | $104M | 69/100 | |
3rd | Prime Trust 2004, Las Vegas (United States), Series B | AML and banking API management solutions | $171M | 49/100 | |
4th | Open banking solution to build digital bank | - | - | 26/100 | |
5th | Data Insights Saudi 2020, Riyadh (Saudi Arabia), Unfunded | Provider of openbanking platform for banking management | - | - | 25/100 |
6th | Account aggregation platform | - | - | 24/100 | |
7th | Singleview 2019, Riyadh (Saudi Arabia), Unfunded | Online platform offering open banking APIs, payment solutions and cash flow management | - | - | 24/100 |
8th | Open banking API solutions | - | 20/100 | ||
9th | Singular Banking 2017, Santiago (Chile), Deadpooled | Bank-as-a-service platform | - | 14/100 |
Looking for more details on Lean's competitors? Click here to see the top ones
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
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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Lean Technologies Secures Saudi Arabia’s First Open Banking License From SAMAThe Fintech Times•Mar 27, 2026•Lean
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UAE records first live customer-initiated Open Finance payment.Gulf Business•Jan 16, 2026•Lean, Ziina
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Lean, fintech startup, plans IPO after establishing API expertiseInternational Finance•Dec 03, 2025•Lean
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Fintech Startup Lean Technologies Eyes IPO After Securing $67.5 Million in Series B FundingInternational Finance•Nov 26, 2025•Lean
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Etoro Partners With Lean Technologies For Instant Aed Bank Transfers In UaeFinance Magnates•Sep 29, 2025•Lean, eToro
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Lean Technologies: Building the Foundational Layer for MENA’s Open Finance EcosystemThe Fintech Times•Sep 14, 2025•Lean
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FinTech Takamol Ventures Invests in Lean Technologies During Series B Funding Roundentarabi.com•Mar 13, 2025•Takamol, Lean
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ADIB teams up with Lean Technologies to support financial advancementThe Paypers•Dec 17, 2024•ADIB, Lean
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