Monday, April 27, 2026

Saudi Fintech Lean Raises US$67.5M to Expand MENA Open Banking Services

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Regional Expansion

The firm, which operates under Abu Dhabi Global Market (ADGM) regulation in the UAE, has processed more than US$2bn in transactions. 

Its client base includes telecommunications company e&, property developer DAMAC, and ride-hailing service Careem.

In Saudi Arabia, Lean has introduced data solutions through the Saudi Central Bank’s regulatory sandbox – a controlled testing environment for financial innovation. 

This has enabled clients in insurance, lending and digital marketplaces to integrate financial services. Current users include insurance provider Tawuniya, financing company ALJUF, e-commerce platform Salla, and…



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