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Rain
What Does Rain Do?
Rain is a Central Bank of Bahrain-licensed cryptocurrency platform and custodian, focused on providing secure and compliant access to digital assets in the Middle East, North Africa, Turkey, and Pakistan (MENATP). Founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy, Rain enables users to buy, sell, and store a variety of cryptocurrencies. The company emphasizes regulatory compliance, security, and user education to foster trust and adoption of cryptocurrencies in the region. Rain aims to make cryptocurrency accessible and understandable, empowering individuals and institutions to participate in the evolving digital economy.
Where Is Rain's Headquarters?
HQ Function
The Bahrain headquarters serves as the central nerve center for Rain's global operations, overseeing strategic planning, product development, engineering, regulatory compliance, marketing, and customer support leadership for all its markets.
Notable Features:
Situated in the iconic Bahrain World Trade Center, a landmark building recognized for its unique architecture incorporating wind turbines. The offices provide modern, high-tech facilities conducive to innovation.
Work Culture:
Rain fosters a dynamic, fast-paced, and innovative work culture typical of a fintech scale-up. There's a strong emphasis on collaboration, problem-solving, security, and a customer-first approach, with employees passionate about the potential of cryptocurrency and financial inclusion.
HQ Significance:
The headquarters' location in Bahrain is significant due to the country's early adoption of crypto-asset regulations, providing Rain with a solid regulatory foundation to operate and expand across the region. It positions Rain at the forefront of the Middle East's burgeoning crypto industry.
Values Reflected in HQ: The headquarters' location in a leading financial center and its modern infrastructure reflect Rain's values of professionalism, innovation, security, and commitment to regulatory excellence.
Location:
Rain has established a significant presence primarily across the Middle East, North Africa, Turkey, and Pakistan (MENATP). Its global functions support market-specific operations, including localized platforms, regulatory compliance in multiple jurisdictions, tailored customer support in local languages, product development catering to regional needs, and strategic partnerships to expand its ecosystem. While headquartered in Bahrain, Rain's operational reach and team distribution reflect its commitment to serving these key emerging markets for cryptocurrency.
Street Address:
Office 221, 22nd Floor, West Tower, Bahrain World Trade Center, Building 266, Road 4609, Block 346
City:
Manama
State/Province:
Capital Governorate
Country:
Bahrain
Where Else Does Rain Operate Around the World?
Dubai, United Arab Emirates
Address: The Offices 4, One Central, Dubai World Trade Centre, Dubai, UAE
To cater to the strong demand for regulated cryptocurrency trading and investment services within the UAE, leveraging Dubai's status as a major international financial hub.
Istanbul, Turkey
Address: Rain TR Teknoloji A.Ş., Esentepe Mah. Büyükdere Cad. No:193 Kat:2 Şişli / İstanbul, Turkey
To serve the large and active Turkish cryptocurrency market with a compliant, secure, and user-friendly platform tailored to local needs.
Buying Intent Signals for Rain
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Who's Leading Rain? Meet the Executive Team
As of April 2025, Rain' leadership includes:
Who's Investing in Rain?
Rain has been backed by several prominent investors over the years, including:
What Leadership Changes Has Rain Seen Recently?
Rain has focused on strengthening its leadership in specialized areas such as brokerage and compliance while maintaining stability with its founding team. Notable appointments have aimed to bolster its institutional offerings and regulatory adherence across its operating markets.
New Appointments:
What Technology (Tech Stack) Is Used byRain?
Discover the tools Rain uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Rain Email Formats and Examples
Rain typically utilizes standard corporate email formats for its employees. While the exact internal directory structure isn't public, common conventions in technology and financial companies often include combinations of first name, last name, and initials.
[first].[last]@rain.com or [first_initial][last]@rain.com
Format
jane.doe@rain.com
Example
80%
Success rate
What's the Latest News About Rain?
CoinDesk • February 1, 2024
Rain Secures Financial Services Permission from Abu Dhabi Global Market (ADGM)
Rain Financial announced it received a Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) in the UAE. This license allows Rain to offer its virtual asset brokerage and custody services to clients through ADGM, marking a significant expansion of its regulated services in the region....more
Rain Blog • May 16, 2023
Rain Officially Launches Cryptocurrency Trading Services in Pakistan
Rain announced its official market entry into Pakistan, enabling users in the country to securely buy, sell, and store cryptocurrencies. This expansion aligns with Rain's mission to increase cryptocurrency access and adoption across the MENATP region....more
TechCrunch • January 18, 2022
Rain Financial Raises $110M Series B Led by Paradigm and Kleiner Perkins
Rain Financial Inc., the Bahrain-based cryptocurrency exchange, announced it raised $110 million in a Series B funding round. The round was co-led by Paradigm and Kleiner Perkins, with participation from Coinbase Ventures, Global Founders Capital, and others, to fuel regional expansion and technology development....more
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