# CoinMENA B.S.C.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coinmena-b-s-c

- Industry: Financial Services
- Headquarters: Manama, Bahrain
- Website: www.coinmena.com/
- Total disclosed funding: $9.5M
- Latest round: Seed (Nov 8, 2021)
- Investors on record: 4

## About

CoinMENA B.S.C. is a cryptocurrency exchange based in Bahrain, facilitating the buying, selling, and trading of digital assets for a diverse clientele across the MENA region. 

Founded in 2019 and headquartered in Manama, Bahrain, CoinMENA B.S.C. provides a platform for users to trade digital assets. The company was co-founded by Dina Sam'an, Yazan Barghuthi and Talal Tabbaa. In December 2025, Paribu acquired CoinMENA B.S.C., from BECO Capital, Kenetic Capital, Arab Bank Switzerland, and Bunat Ventures, for approximately USD 240 million.

CoinMENA specializes in providing a comprehensive platform for the buying, selling, sending, and receiving of digital assets. Its primary offerings include spot and limit trading options that enable users to execute trades either at current market prices or at specified price points. Customers can fund their accounts using local currencies, such as BHD, AED, SAR, USD, KWD, OMR, QAR, and EGP, and have the convenience of linking multiple bank accounts for seamless transactions. With over 52 digital assets available for trade, CoinMENA serves a broad user base, which includes over 1.5 million registered users and clients across more than 45 countries. CoinMENA generates revenue primarily through transaction fees associated with the trading of digital assets on its platform. These transactions encompass both individual trades and over the counter (OTC) services for larger transactions, which provide clients with preferential pricing and reduced fees through a dedicated account manager. The platform's transparent pricing structure and efficient transaction processing are essential components in attracting and retaining users in the competitive cryptocurrency market.  The acquisition aims to expand licensed operations into the MENA region and strengthen regional leadership in crypto markets.

## Funding rounds

- Seed, Nov 8, 2021, $9.5M — BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures

## Investors

- BECO Capital (https://capitalatlas.ai/funds/beco-capital) — Seed
- Kenetic Capital (https://capitalatlas.ai/funds/kenetic-capital) — Seed
- Arab Bank Switzerland — Seed
- Bunat Ventures (https://capitalatlas.ai/funds/bunat-ventures) — Seed