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Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Series B
Total Funding
$120.2M
Headquarters
Manama, Bahrain
Founded
2021
Rain provides digital asset authorization and settlement infrastructure alongside payment card solutions. Their system connects blockchain technology with traditional financial networks, such as Visa, allowing for seamless transactions involving digital assets. This integration helps businesses and consumers use digital currencies more effectively. Unlike many competitors, Rain focuses on bridging the gap between digital assets and established financial systems, making it easier for users to adopt and utilize these new forms of currency. The company's goal is to enhance the accessibility and practicality of digital assets in everyday transactions.
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Total Funding
$120.2M
Above
Industry Average
Funded Over
4 Rounds
Unlimited Paid Time Off
Flexible Work Hours
Health Insurance
Life Insurance
Equity Plan
Wellness Program
Team Summits
Positioned for Scale: With Rain handling the core infrastructure, Dakota can focus on acquiring new business customers and scaling up quickly without the burden of managing complex compliance or payment systems.
Rain has raised $75 million in Series B funding led by Prosus, with participation from Nextalia Ventures, Spark Growth Ventures, and others. This funding will help Rain expand its earned wage access services to more American workers. Since its founding in 2019, Rain has enabled over 2.5 million workers to access their earnings instantly and distributed over $2 billion in wages. The company plans to introduce new financial wellness solutions and employer tools.
Two standout companies, Tabit Insurance and Rain, collectively raised over $64 million.
Rain, a stablecoin-based card issuer, has raised $245 million to enhance its payment solutions and boost blockchain adoption in financial transactions. This funding will help Rain expand its services and bridge the gap between digital currencies and traditional financial systems, positioning the company as a leader in the evolving payment landscape.
With this capability, Rain is expanding its presence in Europe while scaling its card issuance operations across the United States and Latin America.
$70k - $145k/yr
New York, NY, USA
New York, NY, USA
Find jobs on Simplify and start your career today
Discover companies similar to Rain
Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Series B
Total Funding
$120.2M
Headquarters
Manama, Bahrain
Founded
2021
$70k - $145k/yr
New York, NY, USA
$70k - $145k/yr
New York, NY, USA
New York, NY, USA
Find jobs on Simplify and start your career today
Discover companies similar to Rain