RIYADH: Lean Technologies is gearing up to seize new opportunities as Saudi Arabia and the UAE roll out major regulatory reforms poised to transform the region’s financial services landscape.
With the introduction of payment initiation services and open finance frameworks expected over the next 18 months, the company is entering a pivotal stage in its efforts to build the digital infrastructure underpinning financial innovation across the Gulf.
“We’re heads down right now focused on the rollout of the two regulatory updates,” said Hisham Al-Falih, CEO of Lean Technologies, in an interview with Arab News.
“These are both massive opportunities we’ve been waiting for since the beginning,” he said, referring to the upcoming rollout of open finance in the UAE and payment initiation services in Saudi Arabia.
The company collaborates closely with regulators and financial institutions to provide secure, compliant connectivity that supports a variety of applications — from onboarding and credit scoring to payment processing and account verification.
