AI
Saudi Arabia
UAE
EgyptLean Technology Secures Additional Series B Funding from Takamol Ventures
2 min
Lean Technology receives additional investment from Takamol Ventures in its Series B round.
Takamol Ventures had previously launched a $53 million investment fund at LEAP 2025.
The new investment builds upon Lyn’s initial $67,5 million Series B funding from November 2024.
Takamol focuses on Middle Eastern and African startups, particularly in the Gulf region.
Lean specializes in API-driven financial solutions, enhancing banking connectivity for fintech.
Lean Technology, a Saudi fintech company specializing in open banking solutions for enterprises, has secured additional funding as part of its ongoing Series B investment round. The investment comes from Takamol Ventures, a firm committed to supporting high-growth tech startups across the Middle East and Africa.
This funding follows the recent launch of Takamol Ventures' $53 million investment fund, which was announced during the LEAP 2025 technology conference last month. Lean's new backing builds upon the $67.5 million Series B round it announced in November 2024, signaling strong investor confidence in the company’s vision and market potential.
Founded in 2019 by entrepreneurs Hisham Al-Falih, Aditya Sarkar, and Ashu Gupta, Lean Technology has positioned itself as a leader in the open banking sector. The company offers financial APIs that allow fintech firms to seamlessly integrate with banks, facilitating access to customer financial data and payment capabilities. By collaborating with financial institutions, Lyn ensures full regulatory compliance while providing a secure and efficient data-sharing platform.
Takamol Ventures' investment aligns with its broader strategy to back startups with global aspirations in the Middle East and Africa. By supporting Lean, the venture firm is contributing to the evolution of open banking in the region, empowering businesses with enhanced financial infrastructure.
With this additional Series B funding, Lean Technology is set to expand its services and strengthen its role in transforming enterprise financial solutions.
