About LeanTech
LeanTech is a Financial Services company based in Riyadh (Saudi Arabia) founded in 2019 by Hisham Al-Falih and Aditya Sarkar. Open banking APIs are aggregated for financial institutions data sharing. LeanTech has raised $104 million across 4 funding rounds from investors including Peak XV Partners, Shorooq Partners and Takamol Ventures. Its chief executive, as recorded, is Hisham Al-Falih. Its website leantech.me draws about 203 thousand monthly visits. Its focus areas include FinTech, Banking Tech, Open Banking and Aggregation APIs. Its legal entity in India is R&D India Center For Lean Technologies Private Limited (U62013PN2024FTC233551). Its competitors include Data Insights Saudi and Singleview.
Company details
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.
- Headquarters Riyadh, Saudi Arabia
- Founders Hisham Al-Falih, Aditya Sarkar
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Website leantech.me
- Social LinkedIn X Instagram
- Legal Name R&D India Center For Lean Technologies Private Limited
- Date of Incorporation 13 Aug, 2024
- Jurisdiction Pune, Maharashtra, India
- Total Equity Funding$104M (USD)
in 4 rounds
- InvestorsPeak XV Partners
& 18 more
Associated legal entities of LeanTech
LeanTech operates through R&D India Center For Lean Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| R&D India Center For Lean Technologies Private Limited CIN U62013PN2024FTC233551 | Active | 13 Aug 2024 | Pune, Maharashtra | 2 | View details |
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.
- Total Funding $104M
- Total Rounds 4
- First Round $3.5M
(Jul 2020)
- Investors Count 19
All 4 funding rounds of LeanTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | Series B | – | Takamol Ventures | – | |
| Nov 2024 | $67.5M | Series B | – | General Catalyst | |
| Jan 2022 | $33M | Series A | – | Peak XV Partners | |
| Jul 2020 | $3.5M | Seed | – | Raed Ventures |
19 investors in total: 14 institutional and 5 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
| duquesnefamilyofficellc.tcc.mode | ||||
Investments in financial services are made by Arbor Ventures. | arborventures.com | Hong Kong, China | ||
Early-stage tech startups are invested in by Raed Ventures. | raed.vc | Riyadh, Saudi Arabia | ||
Early-stage investments in tech companies are made by Shorooq Partners. | 2016 | shorooq.com | Abu Dhabi, United Arab Emirates | |
Early-stage tech-driven businesses are funded by Outliers Venture Capital. | outliers.vc | George Town, Cayman Islands | ||
Infrastructure and venture capital firm focused on renewable energy, technology, and life science sectors | jimco.com | |||
Venture capital investments are directed toward multiple sectors. | human.capital | San Francisco, United States | ||
Venture capital and incubation are provided for blockchain technology firms. | libertycityventures.com | New York, United States |
Investor details for LeanTech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of R&D India Center For Lean Technologies Private Limited (LeanTech)
R&D India Center For Lean Technologies Private Limited is the primary company behind LeanTech. The board of R&D India Center For Lean Technologies Private Limited currently have 2 directors; the longest-serving is Manish Kukreti, appointed in 2025. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Kukreti DIN 07633687 | Director | 15 May 2025 | 1 yr 5 mo | R&D India Center For Lean Technologies Private Limited |
| Guddi Devi DIN 11235902 | Director | 08 Aug 2025 | 1 yr 2 mo | R&D India Center For Lean Technologies Private Limited |
People of LeanTech
29 people are tracked at LeanTech (15 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Hisham Al-Falih | Co-Founder & CEO | Leadership |
Aditya Sarkar | Co-Founder | Leadership |
Nabil Dar | VP Of Finance | Leadership |
Rita Sahir | Head Of Customer Success, Middle East | Leadership |
Omar Hamada | Vice President Of Sales And Partnerships, UAE | Leadership |
Tewfik Cassis | Chief Product Officer | Leadership |
Hamad Alhomaidhi | Head Of Sales | Leadership |
Noa Levy | Head Of Business Operations | Leadership |
Mehdi Tazi | Chief Operating Officer | Leadership |
Alex Tomlinson | VP Of Product - Data & Insights | Leadership |
Saleh Al-Ghamdi | General Manager - KSA | Leadership |
Amol Kale | Talent Partner | Leadership |
Yehia El Kady | Chief Of Staff | Leadership |
Kunal Taneja | VP Of Products | Leadership |
Wendy Sfeir | Head Of People | Leadership |
Grégoire Lavoute | Strategic Sales & Partnerships Manager | Team |
Adnan N. | Strategic & Corporate Finance | Team |
Farah AlZaben | Finance Associate | Team |
Joaquin Coitino | Product Manager | Team |
Kerry Smith | Senior Product Manager | Team |
9 more people are available in the full profile.
Complete people profiles for LeanTech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LeanTech
3 dated milestones of LeanTech across 6 years, from founding to its latest funding, stage changes and deals.
- Founded LeanTech is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series B,.
Competitors of LeanTech
LeanTech has 2 listed competitors in our database. They include Data Insights Saudi and Singleview.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datainsights.sa | 2020 | Riyadh, Saudi Arabia | Delivers comprehensive open banking platform solutions for banking management. | |||
| singleview.com.sa | 2019 | Riyadh, Saudi Arabia | Offers an online platform with open banking APIs, payment solutions, and cash flow management tools. |
Detailed competitors of LeanTech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of LeanTech
The website of LeanTech (leantech.me) receives about 203K visits a month and ranks #240,874 among all websites worldwide, #5,564 in Programming and Developer Software.
- Monthly visits203K
▼ 7.4% vs previous month
- Unique visitors115.5K
per month
- Global rank#240,874
among all websites
- Category rank#5,564
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate60%
- Pages per visit1.4
- Average visit1 min 14 sec
- DevicesDesktop 4% · Mobile 96%
Websites whose visitors overlap most with LeanTech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 99% | 1.9B | #18 | View details | |
spectrumdubai.com | spectrumdubai.com | 80% | #8,328,888 | – | |
| nuox.io | 80% | #2,560,353 | View details | ||
| dxminds.com | 80% | 8.3K | #2,689,587 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for LeanTech
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- 10 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Leantech
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 CEO of LeanTech, as recorded in our data. They have also founded this company.
LeanTech is a funded company, having raised a total of $104M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jul 2020.
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 Data Insights Saudi and Singleview.
LeanTech has 19 investors. Key investors include Peak XV Partners, Shorooq Partners, Takamol Ventures, General Catalyst, and Bain Capital Ventures.
LeanTech operates through R&D India Center For Lean Technologies Private Limited.
The legal entities of LeanTech currently have 2 directors, including Manish Kukreti, Guddi Devi.
The website of LeanTech receives about 203 thousand visits a month and ranks #240,874 among all websites worldwide.