No. 001 · Hisham Al-Falih
What this record used to say.
This record has been revised 6 times. Each version is hash-chained to the one before it and anchored to Bitcoin; the values below are shown exactly as they were recorded at the time, not restated after the fact.
- Raised: $67.5M Series B, 2024 $100M+ total ($33M Series A 2022, $67.5M Series B 2024)
sha256 b9f4ae682949abe67ca09e7fef01f8616d27454ba1153818820d27a19e1829f6
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sha256 7aa494f01e87071fb84d8ec90814bf5ed8d49ed1953d11077d79dabb1138e915
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sha256 abbecd9aaa34894d4bae37cefc328011131d3a1106e912545c30ffbc2d3a0a5c
- Backers: Sequoia Capital India General Catalyst (Series B lead), Sequoia Capital India (Series A lead)
- Moves: 4 entries 4 entriesAdded: 2022 · $33M Series A, backed by Sequoia Capital India; 2026 · SAMA open banking licence granted, March 2026
- Title: Hisham Al-Falih Turned Open Banking From a Regulation Into the Most Important Infrastructure Play in MENA Hisham Al-Falih Turned Open Banking From a Regulation Into Core Fintech Infrastructure in MENA
sha256 f33434141c75adc992f009b829d610971f911beae2147c7697afa49443e0e8a2
- Founder: Omar Onsi Hisham Al-Falih
- Raised: $33M total $67.5M Series B, 2024
- Verified: 2026-03-07 2026-07-11
- Moves: 3 entries 4 entriesAdded: 2019 · Founded in Riyadh by Al-Falih, Gupta and Sarkar; 2022 · $33M Series A, Sequoia Capital India's Gulf debut; 2024 · $67.5M Series B led by General Catalyst; 2026 · First SAMA open banking licence in Saudi Arabia
- Title: Omar Onsi Turned Open Banking From a Regulation Into the Most Important Infrastructure Play in MENA Hisham Al-Falih Turned Open Banking From a Regulation Into the Most Important Infrastructure Play in MENA
Correction: Lean Technologies was founded by Hisham Al-Falih, Ashu Gupta and Aditya Sarkar, not Omar Onsi; the record adds the $67.5M General Catalyst Series B and the first SAMA open banking licence · 4 sources checked
sha256 1225103fa721aa5ecfa7bdb2554e7cf2a0581b6ba428f6f5a4e3a44c80df4748
Minted
- Founder: Omar Onsi
- Company: Lean Technologies
- Founded: 2019 · Riyadh
- Raised: $33M total
- Backers: Sequoia Capital India
- Strap: Open banking APIs connecting fintech to bank accounts across MENA.
- Moves: 2019 · Founded in Riyadh; $33M · Raised, Sequoia Capital India backing; 5 · MENA markets served
sha256 21bddeb97ca266d24bde7e4748b30d1a8c7a9557dde94963504decf185eabaa9