Dubai - Sharikat Mubasher: Lean Technologies, a leading provider of financial infrastructure in the MENA region, received the In-Principle Approval (IPA) from the Central Bank of the UAE under the country’s newly introduced Open Finance Framework.

This approval represents a key move toward full licensing and expanding access to secure, connected financial experiences for millions of customers, the company revealed in a press release today.

Leveraging Lean’s regulated infrastructure, users will benefit from instant account-to-account payments, faster loan approvals, and smarter financial tools, transparently and conveniently.

Hisham Al-Falih, CEO and Co-Founder of Lean Technologies, said: “Open Finance is more than a technology upgrade. It’s a foundation for a smarter, more innovative economy. By connecting customers, regulators, and businesses on a single, interoperable infrastructure, we are directly supporting the UAE’s vision for a world-class digital financial system."

He highlighted that the approval will allow Lean to reinforce its capabilities and expand access, ultimately enabling more people and businesses to participate fully in the digital economy.

For his part, Hosam Arab, CEO at Tabby, commented: “Embedding Lean’s financial infrastructure into our workflow has fundamentally strengthened our underwriting capabilities and boosted approval rates. Over the past three years, it has helped us unlock lending segments that were previously inaccessible, enabling us to serve a broader base of users beyond the limits of traditional credit data.”

Over the past four years, Lean has played a pivotal role in enabling the UAE’s transition to secure, interoperable financial connectivity. The company works closely with regulators, banks, and fintech firms to shape the systems that support regulated access to payments and financial data.