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Lean Technologies
Saudi Arabia
2019 (6 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Lean Technologies
Company Information
Get to know Lean Technologies
Lean Technologies is a FinTech startup that develops a platform to provide access to consumer financial data. The company's API suite, which was designed to abstract developers from the fragmentation of the financial infrastructure, enables businesses to seamlessly access their customer’s financial data and initiate instant bank transfers. Lean was founded in 2019 and has offices in Riyadh, Dubai, Cairo, and London.
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- Financial Other ServicePRIMARY
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