Lean Technologies

Lean Technologies

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Fintech platform offering a Data and Payments API. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$132—198m (Dealroom.co estimates Jan 2022.)
Riyadh Region Saudi Arabia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues<1m2.6m14.4m15.8m
% growth-420 %454 %10 %
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Recent News about Lean Technologies

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LeanTech is a fintech startup that provides a comprehensive suite of tools for businesses to launch and expand their financial offerings. Operating primarily in the Middle East and North Africa (MENA) region, LeanTech serves a diverse range of clients, including retail and corporate customers, by offering seamless payment flows and enriched financial data.

The company's business model revolves around providing infrastructure for financial products. This includes solutions for payments, such as account top-ups and deposits, which eliminate delays for customers and improve cash flow for businesses. LeanTech also offers a system for collecting and verifying payments for goods and services.

In addition to payment solutions, LeanTech provides data solutions, including credit risk scoring and Know Your Customer (KYC), Anti-Money Laundering (AML) & onboarding services. These tools help businesses make better risk decisions and simplify the user experience, thereby maximizing conversions. Furthermore, LeanTech offers solutions for operations, including processing refunds and withdrawals, and making bulk payments to suppliers and merchants.

LeanTech generates revenue by charging businesses for the use of their tools and services. The company is regulated in the United Arab Emirates by the ADGM Financial Services Regulatory Authority and licensed under the SAMA Regulatory Sandbox in Saudi Arabia, ensuring a high level of trust and security for its clients.

Keywords: Fintech, Financial Tools, Payment Solutions, Data Solutions, MENA, Credit Risk Scoring, KYC, AML, Onboarding, Operations Solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.