Lean Technologies raises $67.5m Series B led by General Catalyst
By Cicada DeskEvent date: 1 min read
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In brief
Riyadh-based open-banking and payments infrastructure company Lean Technologies raised a $67.5 million Series B led by General Catalyst, with Bain Capital Ventures, the Duquesne Family Office and Arbor Ventures participating, bringing total funding above $100 million.
Riyadh-based open-banking and payments infrastructure company Lean Technologies raised a $67.5 million Series B led by General Catalyst, with Bain Capital Ventures, the Duquesne Family Office and Arbor Ventures participating, bringing total funding above $100 million. The round follows a $33 million Series A led by Sequoia Capital India in 2022.
Lean reported more than $2 billion in processed volume and nearly one million verified bank accounts.
Key figures
- $67.5mround size
Sources
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Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.
Cite this story
Cicada Desk. "Lean Technologies raises $67.5m Series B led by General Catalyst". Cicada, 13 November 2024. https://cicadaconsultancy.online/en/news/lean-series-b-2024
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