API Meets AI: Will Intelligent Platforms Make Traditional Banks Obsolete?

Welcome to Breaking Down Barriers, the podcast series that explores the untold stories from the builders, makers, and leaders of some of the most innovative companies in the MENA region.

We are joined by Ashu Gupta, CTO and Co-founder of Lean Technologies. Lean provides the Data and Payments tools to empower MENA's next generation of financial products | Trusted by Etisalat, Hubpay, Lulu Finance,

We discuss the death of Visa and Mastercard, the next area Ashu thinks needs disruption, open banking and so much more

numi Search Ventures is proud to have teamed up with our Supporting Partner AWS, and our Investment Partner Shorooq to bring you Breaking Down Barriers, along with our MENA Leaders Community.

numi Search Ventures is co-founded by Mark Long and Ricci Putnam. Ricci Leads Executive Search in the MENA Region, where we bring outstanding Leaders together with Founders and Investors.

00:00:00 Welcome to Breaking Down Barriers - with Lean Technologies CTO and Co-founder AShu Gupta

00:04:15 What Impacts Will AI have On Banking In 2025?

00:06:29 Is Traditional Banking Becoming Obsolete?

00:09:38 How Will Traditional Banks Adapt?

00:16:48 Disrupting The Rewards System

00:23:30 Implications Of Open Banking

00:26:09 Biggest Challenge To Lean Of Adoption Of Open Banking

00:29:07 Transitioning From The USA To The Middle East

00:32:53 How Will The Tech Ecosystem Evolve?

00:37:35 How To Build High Performing Teams

00:42:02 The Cost Of Growing

00:44:57 Choosing Your Co-founder Wisely