Raenest

Banking · Canada · 51-200 Employees

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Overview

Headquarters

212 King St W Fl 6, Toronto, Ontario, M5...

Revenue

$38.7 Million

Industry

Banking Finance Credit Card Processing
ZI Rank: 1
Signal Type
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ZI Rank
2
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About Raenest

Founded in 2022 by Victor Alade, Sodruldeen Mustapha, and Richard Oyome, Raenest originally operated as an Employer of Record (EOR) before evolving into a comprehensive cross-border banking platform. The company enables African businesses and freelancers to receive international payments, convert between currencies, and manage transactions through multi-currency wallets. It also allows customers to open global bank accounts in their names, access physical and virtual dollar cards, and make transactions in USD, EUR, and GBP.Explore more
Raenest's Social MediaPopular SearchesRaenest Technologies Solutions Service LtdRaenestRaenest IncSIC Code 60,609NAICS Code 52,522Show more

Raenest Org Chart

Victor Alade, Chief Executive Officer & Co-Founder at Raenest
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Chief Executive Officer & Co-Founder

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Sodruldeen Mustapha, Chief Technology Officer & Co-Founder at Raenest
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Chief Technology Officer & Co-Founder

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Quality Assurance Lead

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Raenest

$38.7M
51-200
Private
$11M
2022
Victor Alade, Chief Executive Officer & Co-Founder at Raenest
Victor AladeCEO & Co-Founder
$126.3M
51-200
Private
-
2006
MO
Michael O'RourkePresident & CEO
$32.2M
51-200
Private
-
1992
N/A
$25.8M
11-50
Private
-
2002
WP
Wayne PhanWeb Developer
$25.3M
11-50
Private
-
2006
DJ
Donna JonesBranch Manager
$9.8M
11-50
Private
-
1999
N/A
$6.4M
11-50
Private
-
1946
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Company Profile Activity

i

Among all Finance companies

Low Activity

High Activity

Activity Insights

Raenest is experiencing very low activity levels compared to other companies in the Finance sector.

What does this means?

Raenest is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Raenest.

Raenest financials insights

Gather financial insights about Raenest, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2025

Series A

$11M

See All Raenest's Financials Insights

Raenest Tech Stack

A closer look at the technologies used by Raenest

Most Recent Scoops

Person-Based
Compliance, Customer Service, Barriers
Person-Based
Compliance, Customer Service
Open Position
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Funding
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Frequently Asked Questions Regarding Raenest

What is Raenest's official website?
Raenest's official website is www.raenest.com
What is Raenest's Revenue?
Raenest's revenue is $38.7 Million
What is Raenest's SIC code?
Raenest's SIC: 60,609
What is Raenest's NAICS code?
Raenest's NAICS: 52,522
How many employees does Raenest have?
Raenest has 51-200 employees
What industry does Raenest belong to?
Raenest is in the industry of: Banking, Finance, Credit Card Processing
What is Raenest competition?
Raenest top competitors include: TruCash, CTC Bank of Canada, Alterna Bank, Advance Savings Credit Union
What technology does Raenest use?
Some of the popular technologies that Raenest uses are: Embedly, YouTube, Microsoft 365, jsDelivr
Who is the CTO of Raenest?
Raenest's CTO is Sodruldeen Mustapha
What does Raenest do?

Founded in 2022 by Victor Alade, Sodruldeen Mustapha, and Richard Oyome, Raenest originally operated as an Employer of Record (EOR) before evolving into a comprehensive cross-border banking platform. The company enables African businesses and freelancers to receive international payments, convert between currencies, and manage transactions through... multi-currency wallets. It also allows customers to open global bank accounts in their names, access physical and virtual dollar cards, and make transactions in USD, EUR, and GBP.Read More

What are Raenest social media links?
Raenest Linkedin page Raenest Twitter page
Who invested in Raenest?
Raenest has 5 investors including QED Investors, Norrsken22, Seedstars and P1 Ventures.
Is Raenest a public company?
Raenest is private company therefore does not currently have an official ticker symbol
See more information about Raenest

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