Lean Technologies raised $67.5M in a Series B funding round led by General Catalyst to enhance its open banking platform.
Amount Raised
$67.5 Million
Round Type
Series B
RiyadhFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Lean Technologies, based in Riyadh, has successfully secured $67.5 million in a Series B funding round, led by General Catalyst. This investment will help the company expand its financial API solutions and support businesses in the UAE and Saudi Arabia.
Quick answer
Lean Technologies raised $67.5 Million in a Series B round, dated November 11, 2024. Investors: Arbor Ventures, Duquesne Family Office, General Catalyst and Bain Capital Ventures. Lean Technologies is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Lean Technologies raise?
- Lean Technologies raised $67.5 Million in a Series B round on November 11, 2024.
- Who invested in Lean Technologies?
- Arbor Ventures, Duquesne Family Office, General Catalyst and Bain Capital Ventures are named as investors in this round.
- What does Lean Technologies do?
- Lean Technologies is a Riyadh-based fintech infrastructure provider founded in 2019 by Hisham Al-Falih, Aditya Sarkar, and Ashu Gupta.
- Where is Lean Technologies based and how big is it?
- Lean Technologies is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 107 employees.
- Who are the decision-makers at Lean Technologies?
- Fundz holds 5 contacts at Lean Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Lean Technologies that raised within 45 days of this round, from Fundz verified event records.
- Curie Money raised $1.2M (Seed) on December 19, 2024.
- KAST raised $10M (Seed) on December 11, 2024.
- Habitto raised $12M (Series A) on November 27, 2024.
- Tomorrow raised $5.3M (Funding Round) on November 8, 2024.
- Agent Banking Company raised an undisclosed amount on October 12, 2024.
- GBank Financial Holdings raised $20M on October 11, 2024.
Who to call at Lean Technologies, and when
A new round usually means Lean Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lean Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lean Technologies, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Lean Technologies. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Lean Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansLean Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.