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  2. Lean Technologies secures new investment from Takamol Ventures

Lean Technologies secures new investment from Takamol Ventures

NOHA.GAD
Mar 11, 2025
Lean Technologies secured a new investment from Takamol Ventures as an extension of its $67.5 million Series B round raised last November

Riyadh - Sharikat Mubasher: The Riyadh-based fintech infrastructure platform, Lean Technologies, secured a new investment from Takamol Ventures as an extension of its $67.5 million Series B round raised last November.

This investment came as part of the Takamul Ventures Fund, which was launched at LEAP 2025 with a total investment valued at $53 million, a recent statement revealed.

The fund aims to support visionary entrepreneurs in establishing globally-minded companies within the region.  

Founded in 2019 by Hisham Al-Falih, Aditya Sarkar, and Ashu Gupta, Lean Technologies specializes in financial technology services for businesses. It provides a global API that unlocks critical infrastructure across the MENA region, enabling fintech innovators to seamlessly connect to their customers’ bank accounts to initiate real-time payments and retrieve their account information.

Over the past three years, Lean Technologies has transformed payment journeys for businesses through its A2A payment solutions, simplifying pay-ins and payouts for major clients. It serves various industries, including insurance, lending, and marketplaces, verifying nearly 1 million bank accounts. 

Tags

Saudi Arabia
Fintech
Infrastructure
Funding
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