A licensed cryptocurrency platform and custodian, powering the buying and selling of crypto in the Middle East.
Location: United Arab Emirates, Dubai
Employees: 201-500
Total raised: $116M
Founded date: 2016
Investors 10
Funding Rounds 2
| Date | Series | Amount | Investors |
| 23.01.2022 | Series B | $110M | Paradigm |
| 24.01.2021 | Series A | $6M | Middle Eas... |
Mentions in press and media 9
| Date | Title | Description |
| 25.11.2024 | Saudi VC Vision Ventures onboards Jordanian LP for second fund | Kais Al Essa, founding partner and CEO, Vision Ventures Vision Ventures, a Saudi Arabia-based early-stage venture capital firm that backs tech-led startups in the Middle East and North Africa (MENA) region has secured a limited partner comm... |
| 28.01.2022 | Rain: Providing access to the crypto economy for a billion people | Crypto exchanges are akin to ISPs (internet service providers) during the early days of the Internet - they provide the all-important access and on-ramps onto a new paradigm of the internet. While digital information was central to the firs... |
| 23.01.2022 | Bahrain based Crypto Exchange Rain Financial Secures $110M via Series B Round | Bahrain-headquartered cryptocurrency exchange Rain Financial has secured $110 million in capital via a Series B round. Rain Financial reports that its investment round has been co-led by Paradigm and Kleiner Perkins along with contributions... |
| 18.01.2022 | The future of funding: Why more firms are writing checks to Black women | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. When Arian Simone was trying to open her own retail store, it didn’t take long for her to notice ... |
| 14.04.2021 | RAIN CITY RESOURCES INC. Rain City Resources Inc. Announces $600,000 Financing | Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Rain City Resources Inc. (CSE: RAIN) ("RAIN" or "Rain City" or the "Company") is pleased to announce that it has arranged for a non-brokered priv... |
| 24.01.2021 | Bahrain's Rain Management Aims To Increase Crypto Assets Adoption After Raising US$6 Million In Series A Funding | January 24, 2021 3 min read You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Bahrain-headquartered crypto asset trading platform Rain Management has raised US$6 million in a Series A round led by Mi... |
| 09.07.2020 | I'm a Syrian Refugee. This Is How Bitcoin Changed My Life | Tey Elrjula is a tech entrepreneur, a refugee and the author of "The Invisible Son," now available for pre-sale. Bitcoin is good for whatever you need. I’ve used it to order pizza and to build a fulfilling career, despite all type... |
| 31.07.2019 | Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East | Cryptocurrency exchange Rain has opened its doors for business following regulatory approval by Bahrain’s central bank. The exchange also closed a $2.5 million funding round co-led by BitMEX Ventures. Rain received a Crypto-Asset Module (CR... |
| 09.10.2018 | Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019 | Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to be licensed by a central bank. Revealed exclusively to CoinDesk, Rain Financial has opened its public waiting list after... |