Banking Giant, Arab Bank Switzerland Backs Coinmena In $9.5M Seed Fundraise To Boost Crypto Adoption In The Middle East
Amount Raised
$9.5 Million
Round Type
Seed
ManamaFinancial ServicesFinanceFintechBlockchainLendingDescription
Bahrain-headquartered CoinMENA has secured $9.5M in its first seed funding round, from top regional and international investors in the crypto and venture space, in a move to further dominate the MENA market. Investors in the round included BECO Capital, Kenetic, Arab Bank Switzerland, Bunat Ventures, Alameda Research, Rua Growth Fund and Girnas Capital alongside a number of select global angel investors.
Quick answer
CoinMENA raised $9.5 Million in a Seed round, dated November 10, 2021. CoinMENA is based in Manama, Capital Governorate, Bahrain.
- How much did CoinMENA raise?
- CoinMENA raised $9.5 Million in a Seed round on November 10, 2021.
- What does CoinMENA do?
- CoinMENA, a leading player in the MENA region, aims to empower both new and seasoned investors by providing accessible crypto asset investment options and enabling them to participate in the emerging digital economy.
- Where is CoinMENA based and how big is it?
- CoinMENA is based in Manama, Capital Governorate, Bahrain. Fundz records about 58 employees.
- Who are the decision-makers at CoinMENA?
- Fundz holds 2 contacts at CoinMENA, including the Chief Executive Officer / Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as CoinMENA that raised within 45 days of this round, from Fundz verified event records.
- Beeline Holdings raised an undisclosed amount (Series A) on December 9, 2021.
- Citizens Financial Group raised an undisclosed amount (Funding Round) on December 6, 2021.
- Ensysce Biosciences raised $15M (Convertible Note) on November 8, 2021.
- Abaxx Technologies raised $50M (Post-IPO Equity) on November 5, 2021.
- Dhani Services Limited raised $157M (Funding Round) on October 20, 2021.
- Ensysce Biosciences raised $5.3M on October 6, 2021.
Who to call at CoinMENA, and when
A new round usually means CoinMENA is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CoinMENA raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoinMENA, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at CoinMENA. With Fundz connected, it knows.
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Fundz sees it the moment CoinMENA raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
CoinMENA raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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