Riyadh - Sharikat Mubasher: Rain, a GCC-based crypto brokerage and custodian, acquired the Saudi-based financial media company, Digital Ma’arefa, to expand its presence in the financial media sector in Saudi Arabia and the broader region.
Through this acquisition, which was closed on 30 March, Digital Ma’arefa’s team will integrate into Rain’s existing operations over the coming months, with no changes to the newsletters and news networks, the Saudi company announced in a statement yesterday.
Digital Ma’arefa operates multiple newsletters: The Finance Memo, Saudi Memo, Crypto Memo, Tourism Memo, and AI Memo, amassing over 1 million followers across its combined network over the last five years.
The deal reflects the deep care of Digital Ma’arefa’s founders about financial education and aligns closely with Rain’s vision of bringing crypto to every country in the MENA region.
Abdullah Mashat, Co-Founder of Digital Ma’arefa, said: “The Digital Ma’arefa and Rain team share the same ambition: to deliver trust at scale through a combination of financial media and regulated infrastructure.”
Digital Maarefa specializes in financial media and newsletters, with a subscriber base of over 100,000 regional newsletter subscribers.
