Tech Company Financing Transactions
Lean Technologies Funding Round
On 11/12/2024, Lean Technologies received $67.5 million in Series B funding from General Catalyst, Arbor Ventures and Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
11/12/2024
Transaction Type
Venture Equity
Amount
$67,500,000
Round
Series B
Investors
Proceeds Purpose
The fintech plans to use its Series B to expand its Pay-by-Bank and open banking solutions, while also aiming to "strengthen partnerships" and grow its workforce.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Riyadh, Undisclosed
Saudi Arabia
Riyadh, Undisclosed
Saudi Arabia
Phone
Undisclosed
Website
Email Address
Overview
Lean makes it easy for developers to connect to their users' bank accounts, so they can focus on the true value they want to give to their users. We make sure that the connection to the bank is useful, reliable and secure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hisham Al-Falih
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Where The Data Comes From
We do our best to document tech company VC transactions. VC transactions on this site are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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