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Saudi Arabia
2019 (7 Years)
Last online: No recent activity
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This company is currently Unproved.
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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.
Get to know Lean Technologies
Company Information
Get to know Lean Technologies
Lean Technologies is a financial technology company that provides a universal API for accessing the banking sector across the Middle East. Often described as the "Plaid of the Middle East," Lean's platform allows its clients—ranging from fintech startups to large enterprises—to securely connect to their end-users' bank accounts. This enables services such as data retrieval (for account verification, credit scoring, and personal finance management) and payment initiation (for direct bank-to-bank payments). Founded in 2019, the company aims to accelerate the growth of the region's digital economy by creating a modern, unified infrastructure for financial services.
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