Tagged: lean technologies

Saudi Central Bank Grants Permit to Fintech Firms Lean Technologies, Mod5r

August 29, 2022 @ 10:17 pm By Omar Faridi |

The Saudi Central Bank (SAMA) recently announced granting permit to a new batch of companies; Lean Technologies and Mod5r to “provide Open Banking Solutions; bringing the total number of permitted Fintech companies operating under its Regulatory Sandbox to 38.” This step completes “a series of… Read More

Read more in: Asia, Fintech | Tagged financial services, lean technologies, mena, mena region, middle east, open banking, operational license, regulatory sandbox, SAMA, saudi arabia, saudi central bank

Saudi Arabia based Fintech Lean Technologies Acquires $33M from Sequoia Capital, Others

January 24, 2022 @ 9:42 pm By Omar Faridi |

Sequoia Capital has reportedly made its first investment in the Gulf / MENA region by leading an investment round for Lean Technologies, a Saudi Arabia-based Fintech company whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih. Lean Technologies, which allows firms… Read More

Read more in: Asia, Fintech | Tagged abu dhabi, cairo, dubai, egypt, fintech adoption, fintech trends, investment round, lean, lean technologies, london, mena, mena region, middle east, riyadh, saudi arabia, sequoia capital, uae, united states, us