• Lean Technologies and Synapse Analytics launch an AI-powered credit decisioning platform for banks, fintechs, and lenders across MENA.
• The system fuses Open Banking data with AI-driven analytics, enabling faster approvals, broader access, and transparent risk management.
• The partnership aims to expand financial inclusion and support economic diversification as regulators advance Open Finance frameworks in the region.
  

Lean Technologies 

Lean Technologies and Synapse Analytics partnered to launch an end-to-end Credit Decisioning and Analytics platform for lenders across Saudi, the UAE and the wider GCC.

For decades, traditional lending in MENA has relied on limited data, manual processes, and slow decisions. To tackle this, Lean and Synapse are unlocking granular transaction-level visibility through Open Banking and powering it with AI-driven risk models. This is to enable instant, personalized, and scalable credit decisioning for the first time.

Founded in 2019, Lean Technologies is a financial infrastructure provider in the MENA region. It enables businesses to access financial data and initiate payments through a single, secure platform.

Joint Platform

At the center of the partnership, the two are launching a joint platform that blends Lean’s Open Banking data infrastructure with Synapse’s AI-native credit decisioning platform. This aims to enable banks, fintechs, and lenders to: 

• Instantly access and enrich real-time financial data as alternative credit signals.
• Combine bureau data with cashflow-based insights to underwrite new segments.
• Deploy Auto-AI/ML models alongside existing credit policies.
• Build, test, and monitor risk strategies with transparency and speed.

“By combining the data backbone of Open Banking with Synapse’s AI-native decisioning environment, we are giving lenders the tools to responsibly expand access to credit, accelerate decisioning, and power financial innovation at scale,” said Hisham Al-Falih, CEO of Lean Technologies. 

This comes as regulators in Saudi Arabia, the UAE, and across MENA advance Open Banking and Open Finance frameworks. With consumer consent, the joint platform allows lenders to responsibly leverage alternative data sources while being compliant with local regulations.