Recent Funding
Companies
Rain Financial

Rain Financial

Rain Financial operates a digital currency exchange and custodian.

cryptoWallets and accounts Exchanges and on-ramps500 Global

Latest funding

$110M Series B+ · January 18, 2022

Led by Kleiner Perkins · Source: fundraisingfox.com

Latest round on record: Series B+, January 2026, amount undisclosed.

Total raised: $118.5M across 3 sourced rounds

All 5 rounds ↓

Website: rain.com.

X: @rain · 97,075 followers.

LinkedIn: linkedin.com.

Categories: Wallets and accounts Exchanges and on-ramps.

Sectors: Crypto, FinTech.

Stage: Series B+.

Based in: Bahrain.

Founded: 2016.

Total raised: $118.5M in 3 sourced rounds.

Last round: Jan 9, 2026 · 307 days ago.

Headcount: 501–1000 employees.

On Recent Funding since: Sep 28, 2026.

Signals

X account@rain · created Feb 25, 2018 (8 years old) · 97,075 followers

Website registeredDec 12, 1990 (35 years old)

About Rain Financial

It allows users to buy, sell, and store digital assets like Bitcoin and Ethereum. Users can trade major cryptocurrencies, manage portfolios, and use custodial wallet services through its app or website.

TIMELINE · MONEY RAISED

Rain Financial | 520 days from X account to first raise on record

@rain·Raised $119M in 3 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

January 9, 2026
Series B+ · amount undisclosed
Source: fundraisingfox.com
January 18, 2022
Series B+ · $110M
KKleiner Perkins (lead), PParadigm (lead), CCadenza Ventures, CCMT Digital, CCoinbase Ventures, GGlobal Founders Capital, JJameel Investment Management Company, MMiddle East Venture Partners (MEVP), SSV8 VC
Source: fundraisingfox.com
January 18, 2021
Series A · $6M
MMiddle East Venture Partners (MEVP) (lead), AAbdul Latif Jameel, CCMT Digital, CCoinbase Ventures, DDubai International Financial Centre (DIFC), HHuat Ventures, VVision Ventures
Source: dlvr.it
July 30, 2019
Seed · $2.5M
5500 Global, CCMT Digital, DDennis Porto, HHuat Ventures, MMusaab Hakami, PPalm Ventures, SStorm Global, VVision Ventures
Source: globalprivatecapital.org
2019
5500 Global · batch
Source: 500.co
February 25, 2018
X account created
December 12, 1990
Website created

Founders and team

AA
Abdullah Almoaiqel Founder

@AbdullahMoai · LinkedIn · source: 500.co
AN
AJ Nelson Founder

@ajnelsonx · LinkedIn · source: 500.co
JD
Joe Dallago Founder

@_jayd3e · LinkedIn · source: 500.co
YB
Yehia Badawy Founder

@YehiaBadawy · LinkedIn · source: 500.co
CD
Chad Davis Product Manager
HK
Haris Khan Group Vice President
JM
Jad Mubaslat Vice President of Product, Treasury

Acquisitions

Acquired company	Price	Announced
DDigital Ma'arefa	Not disclosed	Apr 27, 2026 · Zawya

Investors

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Kleiner Perkins portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/rain-financial (get a free API key).