The Venture Codex Logo

The Venture Codex

Rain

555 Madison Ave FL 5, New York, NY, 10022, United States

Overview

Rain delivers a full-stack, compliant payments platform that lets enterprises issue stablecoin cards, offer rewards, convert fiat to stablecoins, power wallets and execute global payouts through a single partner. As a Visa Principal Member, its cards work anywhere Visa is accepted, supporting millions of purchases in more than 150 countries. The network already moves more than $3 billion in annualized transaction volume for over 200 partners such as Western Union, Nuvei and KAST, and the programs built on Rain can reach over 2.5 billion people. During the past year the company’s active card base expanded 30× and its annualized payment volume climbed 38×, signaling fast market adoption. Total funding now exceeds $338 million and the latest round pegs the company’s valuation at $1.95 billion, a 17× increase in ten months. Looking ahead, Rain intends to extend its licensed footprint across North America, South America, Europe, Asia and Africa, deepen its platform through strategic acquisitions, and develop new products that make stablecoin payments seamless for businesses and consumers.

Total raised
$333M
Funding rounds
3
Latest round
Series C
Latest activity
Jan 2026

Industries

  • Blockchain
  • Cryptocurrency
  • Decentralized Finance (DeFi)
  • FinTech
  • Web3
Visit website

Recent funding

  1. Series C

    Jan 2026

    $250M

  2. Series B

    Aug 2025

    $58M

  3. Equity

    Mar 2025

    $25M

Team