Rain is an operator of digital currency exchange and custodian intended to make digital transactions. Founded by Abdullah Almoaiqel, AJ Nelson, Joe Dallago, and Yehia Badawy in 2017, Rain is backed by investors that include 500 Startups, Vision Ventures, CMT Digital Ventures LLC, SchindlerAM Ventures, and Musaab Hakami and is headquartered in Manama.