Lean Technologies

Lean Technologies raises Series B funding led by General Catalyst, solidifying its position as the leading Fintech Infrastructure Platform in the Middle East

Lean Technologies expands its **Pay by Bank** service in the UAE, leveraging the country’s newly launched **Open Finance framework** to enable direct bank-to-bank payments. The move positions the company as a key player in the region’s evolving financial infrastructure, facilitating seamless transactions between banks and financial institutions.

May 2026Open Banking ExpoNews article

Lean Technologies secures $67.5 million in Series B funding to expand its fintech infrastructure platform. The Saudi Arabia-based company focuses on digital financial services solutions. Investors back the round as demand for modernized payment and transaction systems grows in the region.

Nov 2024Yahoo FinanceNews article

General Catalyst leads its first Saudi Arabia investment into **Lean Technologies**, a fintech startup. The company secures a **$67.5 million Series B round**, expanding its funding after closing prior investments. Lean Technologies focuses on digital financial solutions in the region.

Nov 2024CNBC TechNews article

Lean Technologies secures $67.5 million in Series B funding to expand its open banking platform. The round is led by General Catalyst, marking the firm’s first investment in a Saudi startup. Additional backers include Bain Capital Ventures, Duquesne Family Office, and Arbor Ventures. The funding brings Lean’s total raised to over $100 million.

Nov 2024MENAbytesNews article