Rain Financial Inc. has acquired Digital Ma’arefa, the Saudi-based financial media company behind The Finance Memo, Crypto Memo, AI Memo and a wider regional news network. The announcement, made on April 27, 2026, marks a notable move by the GCC-focused crypto brokerage and custodian to strengthen its presence in financial education and media. The transaction was completed on March 30, 2026, with Digital Ma’arefa expected to integrate into Rain’s operations over the coming months.
Strengthening Financial Media and Crypto Education
Digital Ma’arefa has built a strong audience since its founding in 2021, reaching more than one million followers across its platforms. Its media portfolio includes several newsletters focused on finance, crypto, tourism, artificial intelligence and the Saudi market, alongside a regional investing podcast. The company also has more than 100,000 newsletter subscribers, giving Rain access to an established audience interested in financial literacy and emerging asset classes.
Leadership Joining Rain
As part of the acquisition, Digital Ma’arefa’s three co-founders, Abdullah Mashat, Wael AlMutlaq and Abdullah Fageih, will join Rain. Abdullah Mashat has been appointed Managing Director and will help guide Rain’s regional ambitions as the company expands its role in crypto and financial services. Rain said the founders’ focus on financial education aligns closely with its broader goal of bringing crypto services to markets across the greater MENA region.
Strategic Value of the Deal
The acquisition brings together Rain’s regulated infrastructure and Digital Ma’arefa’s media reach at a time when trust remains central to crypto adoption. Rain’s leadership positioned the deal as a way to combine credible financial content with a licensed crypto platform serving retail and institutional users. For Digital Ma’arefa, the move provides a larger operational base while preserving its existing newsletters and media channels.
Rain’s Regional Position
Founded in 2017, Rain operates as a GCC-based crypto brokerage and custodian licensed by the Central Bank of Bahrain and Abu Dhabi Global Market. The company has raised significant capital, including a $110 million Series B round in 2022 at a reported valuation of $500 million. Rain says it serves more than two million users and has processed over $11 billion in trading volume since inception.
The acquisition of Digital Ma’arefa reflects Rain’s effort to deepen its relationship with regional audiences beyond trading and custody services. By adding a financial media network with a large following, Rain is positioning education and trusted content as part of its long-term growth strategy. With no planned changes to Digital Ma’arefa’s newsletters or news platforms, the deal is expected to expand Rain’s influence while maintaining continuity for existing readers and subscribers.