Ahmad Al-Zaini, CEO & Co-founder, Foodics (L), and Hisham Al-Falih, CEO & Co-founder, Lean Technologies - signing partnership agreement at Money20/20 Middle East Conference 2025- Strategic partnership signed at Money20/20 Middle East: Foodics joins forces with Lean Technologies to strengthen its fintech offerings for Saudi Arabia’s F&B sector.
- Unified financial dashboard: Restaurant and retail operators can now view all bank accounts, balances, and transactions in real time through the Foodics console.
- Smarter financing through Foodics Capital: The integration allows instant credit scoring and access to tailored funding, making financing faster and more inclusive for restaurant owners.
- Supporting Saudi Arabia’s fintech vision: The collaboration reflects the Kingdom’s Open Banking agenda, boosting financial transparency, growth, and digital transformation in F&B.
Foodics, a Riyadh, Saudi Arabia-based leading restaurant operations & financial management platform in MENA, has entered a strategic partnership with Lean Technologies, a Dubai-based top financial infrastructure provider. The agreement, signed during the Money20/20 Middle East Conference, marks a major step in Foodics’ fintech expansion and its commitment to advancing Saudi Arabia’s F&B and retail sectors with smarter financial solutions.
Through this partnership, restaurant and retail operators can now consolidate all their bank accounts into a single, unified dashboard within the Foodics console. Instead of switching between multiple banking platforms, operators will have full visibility of balances, transactions, and projections across outlets and accounts in real time. Powered by AI and Open Banking technologies, this feature simplifies daily financial management and equips business owners with actionable insights to strengthen liquidity, make smarter decisions, and achieve sustainable growth.
The collaboration also introduces enhanced financing capabilities. By analyzing merchants’ financial performance, a reliable creditworthiness score can be instantly generated. Through Foodics Capital, merchants gain dynamic access to financing tailored to their actual business performance, reducing delays and inefficiencies associated with traditional credit models.
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This innovation is expected to expand financial inclusivity, especially for small and medium-sized enterprises (SMEs) in the F&B and retail space looking to scale sustainably.
“We believe that full visibility into your business is power,” said Ahmad AlZaini, CEO and Co-founder of Foodics. “By embedding open banking into our platform, we’re giving merchants real-time clarity over their financials, unlocking the control and confidence they need to make smarter decisions, fuel their growth, and build more resilient businesses.”
“This partnership gives Foodics the infrastructure to evolve from a point-of-sale platform into a full financial enabler for the F&B and retail sectors,” said Hisham Al-Falih, CEO and Co-founder of Lean Technologies. “By embedding Open Banking into their system, Foodics can deliver real-time financial visibility and seamless access to capital, driving merchant growth and shaping the next chapter of fintech innovation in the Kingdom.”
Alignment with Saudi Arabia’s fintech vision
The collaboration reinforces Foodics’ transformation from just a restaurant SaaS provider into a comprehensive fintech enabler. Licensed by the Saudi Central Bank (SAMA) as a fintech company, Foodics has built a 360° SaaS ecosystem that serves everything from dine-in restaurants and cafés to food trucks, bakeries, and even non-food micro-retailers. Since its founding in 2014, the company has processed more than six billion orders to date and has raised over $200 million funding from a number of notable Venture Capital firms including Raed Ventures, Savour Ventures, Sanabil, STV, Prosus, and KAMCO Investment among others – positioning Foodics among MENA’s most promising SaaS scaleups.
Lean Technologies, founded in 2019, has also become a cornerstone of the region’s fintech infrastructure, enabling over 300 businesses to securely access financial data and initiate payments through its platform. With more than one million connected accounts and over $2 billion in processed transactions, Lean has rapidly evolved into one of MENA’s most trusted fintech players.
By joining forces, Foodics and Lean are aligning with Saudi Arabia’s broader fintech and Open Banking agenda. Their collaboration aims not only to deliver tangible value for thousands of F&B entrepreneurs but also to contribute to the Kingdom’s ambition of building a more resilient, data-driven digital economy.
Editor’s Note
Foodics’ move from a restaurant SaaS platform to a fintech enabler—and Lean’s role in supporting that transformation—demonstrates the growing integration of operational and financial technologies in MENA. Together, the two companies are setting a new benchmark for how Open Banking can empower SMEs, strengthen financial inclusion, and accelerate the digital transformation of Saudi Arabia’s F&B sector.
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