Rain logo — Digital Currency Exchange headquartered in the Middle East

Rain

Digital Currency Exchange headquartered in the Middle East

Founded 2017 Bahrain Bahrain 284 employees Series B Total: $120.20M

General Information

Company Name Rain
Founded Year 2017
Location Bahrain Bahrain +5
Employees 284
Funding Stage Series B

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Product Launch Aug 11, 2026

Rain launched new capabilities, enabling USD deposits and withdrawals for Rain Trading Limited's clients after significant internal work.

About Rain

Rain, founded in 2017, is spearheading the digital currency exchange landscape as a cryptocurrency brokerage and custodian service, primarily serving the Middle East, Turkey, and North Africa. Headquartered in Bahrain, the company has adeptly positioned itself within a rapidly growing market for digital currencies in these regions.

The recent influx of $110.00M from a Series B investment concluded on 01 January 2022 underscores investor confidence in Rain's strategic direction. Esteemed investors including CMT Digital, Kleiner Perkins, Global Founders Capital, Coinbase Ventures, Paradigm, Cadenza Ventures, and Middle East Venture Partners have rallied behind Rain, highlighting the potential for significant growth and expansion.

With the digital currency market on an upward trajectory, Rain's strategic location and experienced leadership offer promising prospects for investors looking to capitalize on emerging opportunities in the cryptocurrency sector within this region.

Taxonomy: digital currency exchange, cryptocurrency brokerage, cryptocurrency custodian, digital transactions, regulated cryptocurrency exchange, Middle East market, cryptocurrency services, blockchain technology, digital asset management, crypto trading platform

Services & Products

Buy and Sell Cryptocurrency
Crypto Portfolio Management
Advanced Trading Features
Over the Counter (OTC) Trading
Cold Storage Security

Target Customers

Individual Cryptocurrency Traders Institutional Investors Businesses Trading Large Digital Asset Orders

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
01 Jan 2022
Convertible Note •••••• 1
Investor
01 Aug 2021
Series A •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
01 Jan 2021
Seed •••••• 3
Investor
•••• ••••
01 Jul 2019
Seed •••••• - 01 Jan 2019

View All 6 Funding Rounds

Rain Alternatives & Competitors

View All Alternatives
Rain vs
Firi
Firi Norway

Firi is the leading crypto exchange in the Nordics with more than 250,000 customers. Safe and easy c...

Seed
49 employees
Crypto, Financial Services
Rain vs
Bitvo
Bitvo Canada

We are on a mission to become Canada’s premier cryptocurrency exchange. Digital Currencies. Real Peo...

11-50 employees
Blockchain, Crypto
Rain vs
X-META
X-META Mongolia

X-META is an online exchange where users can trade cryptocurrencies.

20 employees
Finance, Financial Services

FAQ About Rain

Digital Currency Exchange headquartered in the Middle East
Rain was founded in 2017.
Rain is headquartered in Bahrain.
Rain has approximately 284 employees.
Rain has completed 6 funding rounds, raising a total of $120.20M. The latest funding stage is Series B.
Rain offers: Buy and Sell Cryptocurrency, Crypto Portfolio Management, Advanced Trading Features, Over the Counter (OTC) Trading, Cold Storage Security.
Top alternatives and competitors to Rain include Firi, Bitvo, X-META, Coinquista, Garts Exchange. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Rain and Firi are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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