Case Study: Rain Financial achieves regulator-approved, secure crypto exchange with Synack

Rain Financial - Customer Case Study

Rain Financial, a newly launched digital currency exchange co-founded by Joseph Dallago and AJ Nelson, needed to establish security as a core part of its brand and meet regulators’ expectations in the Middle East. Facing risks like fund-theft and authentication exploits, Rain engaged Synack and its crowdsourced security platform (including Synack’s Red Team penetration testing) to get an adversarial, scalable assessment rather than a traditional pen test.

Synack deployed its vetted community of researchers (more than 75 contributors) and intelligent platform to reproduce, validate, and prioritize vulnerabilities, giving Rain full visibility and actionable remediation guidance while minimizing operational overhead. The successful Synack audit and certificate helped Rain secure regulatory and banking approvals, become a fully licensed exchange in the region, and provide third‑party validation that increased stakeholder trust and operational efficiency.

Rain Financial

Aj Nelson

President & Co-Founder