LeanTech

Riyadh, Saudi Arabia Founded: 2019 • Age: 7 yrs
Open banking APIs are aggregated for financial institutions data sharing.
Annual revenue - Latest available
Total funding $104.0M 4 rounds
Employees - Tracked headcount
Investors 19 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About LeanTech

LeanTech is a company based in Riyadh (Saudi Arabia) founded in 2019 by Hisham Al-Falih and Aditya Sarkar. LeanTech has raised $104 million across 4 funding rounds from investors including Peak XV Partners, Shorooq Partners and Takamol Ventures. LeanTech operates in a competitive market with competitors including M2P Fintech, Prime Trust, AuthBridge, Qplatform and Singular Banking, among others.

  • Headquarter Riyadh, Saudi Arabia
  • Founders Hisham Al-Falih, Aditya Sarkar
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name R&D India Center For Lean Technologies Private Limited
  • Date of Incorporation 13 Aug, 2024
  • Jurisdiction Pune City, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $104 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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People of LeanTech

Headcount 50-200
Employee Profiles 29
Employee Profiles
People
Grégoire Lavoute
Strategic Sales & Partnerships Manager
People
Nabil Dar
VP Of Finance
People
Omar Hamada
Vice President Of Sales And Partnerships, UAE
People
Tewfik Cassis
Chief Product Officer

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Funding Insights of LeanTech

LeanTech has successfully raised a total of $104M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in LeanTech

LeanTech has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Peak XV Partners, Shorooq Partners and Takamol Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment and transformation services for entrepreneurs in technology and finance sectors.
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Venture capital fund focused on investing in multiple sectors
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Investor details for LeanTech

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Investments & Acquisitions by LeanTech

Investments
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Investment portfolio details for LeanTech

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Financial Statements - LeanTech

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Detailed financials for LeanTech

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Leantech Comparisons

LeanTech Primary company
Description
Open banking APIs are aggregated for financial institutions'...
Location
Riyadh, Saudi Arabia
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for LeanTech

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Competitors of LeanTech

LeanTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as M2P Fintech, Prime Trust, AuthBridge, Qplatform and Singular Banking, among others.

Company Name Domain Founded year HQ Location Description
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Banking, lending, and payment solutions are provided via custom APIs.
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Cloud-based AML and banking API solutions are provided for institutions.
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Identity verification, employee screening, and due diligence platforms are provided.
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Provides open banking API solutions for financial institutions.
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Delivers a bank-as-a-service platform for seamless financial operations.
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Provides technology solutions for banks to serve unbanked populations in Africa and Asia.
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Detailed competitors of LeanTech

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Latest news on Leantech

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Complete news archive for LeanTech

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Frequently Asked Questions about LeanTech

LeanTech was founded in 2019 and raised its 1st funding round 1 year after it was founded.

LeanTech is headquartered in Riyadh, Saudi Arabia.

Hisham Al-Falih is the current CEO of LeanTech. They have also founded this company.

LeanTech is a funded company, having raised a total of $104M across 4 funding rounds to date.

Lean was founded in 2019 and is headquartered in Riyadh, Saudi Arabia. Operations focus on the fintech sector, where open banking aggregation APIs are provided to financial institutions. These APIs enable consumers to share financial data with fintech applications. Solutions include a Data API for real-time bank account information and a Payments API for transaction facilitation, among others.

LeanTech's top competitors include M2P Fintech, AuthBridge and Prime Trust.

LeanTech has 19 investors. Key investors include Peak XV Partners, Shorooq Partners, Takamol Ventures, General Catalyst, and Bain Capital Ventures.

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