Full-Time
Posted on 8/4/2025
Web3 spend management for DAOs
$160k - $250k/yr
New York, NY, USA
Remote
Open to fully remote candidates.
Rain is a spend management platform for Web3 teams that bridges digital assets with fiat, enabling secure on-chain transactions for DAOs and protocols. It partners with licensed card issuers to offer fiat spend capabilities and custody options, providing a direct payment pipeline to vendors and enabling seamless access to both self-custody and institutional custody solutions.
Company Size
51-200
Company Stage
Series C
Total Funding
$338.5M
Headquarters
New York City, New York
Founded
2021
Help us improve and share your feedback! Did you find this helpful?
Unlimited Paid Time Off
Flexible Work Hours
Health Insurance
Life Insurance
Equity Plan
Wellness Program
Team Summits
Rain, an enterprise stablecoin payment infrastructure provider, has expanded its Visa membership into Asia-Pacific, enabling partners to launch consumer and corporate credit card programmes across the region. Initial launches are expected in Q2 2026. The expansion establishes Rain as one of few stablecoin platforms with direct Visa membership at this scale. Partners can now build global card programmes through a single platform, with stablecoins powering settlement whilst maintaining traditional card experiences for users. Asia-Pacific accounted for over $1 trillion in stablecoin transactions in 2024, according to the International Monetary Fund. Rain's infrastructure supports use cases including retail payments, instant remittances and corporate treasury operations across the region's 150 million Visa-accepted merchant locations. The company serves over 200 organisations globally.
●Rain successfully raised USD 110 million in Series B funding round co-led by Paradigm and Kleiner Perkins with participation from numerous parties including Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO and CMT Digital●Rain’s Bahraini entity, Rain Management W.L.L, is one of the Middle East’s largest and first licensed cryptocurrency brokerage and custodian allowing users to buy, sell, and store cryptocurrencies●Founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy, in the coming years Rain will continue to expand and focus on growth throughout MENA region, Turkey and PakistanJanuary 2022: In January 2022 Rain, a leading cryptocurrency company, raised USD 110 million in its Series B funding. The round was co-led by Paradigm and Kleiner Perkins with participation from numerous parties including Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO and CMT Digital. Founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy, Rain will utilise this investment to further expand licensing in other countries and regions, enhancing its technology with an advanced trading platform and continuing to grow the team as cryptocurrency adoption continues to increase globally.
Rain plans to use the $6 million to expand its engineering team, extend its presence across the Middle East and work with different regulators in the region.
Rain, a stablecoin platform and principal member of the Visa payment network, has completed a Series C funding round, reaching a valuation of $1.95 billion. The company announced the raise on 9 January 2026. No further details about the funding amount, lead investors or participating backers were disclosed in the announcement.
Rain, an enterprise infrastructure provider for stablecoin-powered payments, has raised $250 million in a Series C round led by ICONIQ, valuing the company at $1.95 billion. The round included participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest and Endeavor Catalyst. The valuation represents a more than 17-fold increase in just 10 months. Rain has now raised over $338 million in total funding, with the Series C following just four months after its Series B. The company provides enterprise-grade infrastructure enabling businesses to integrate stablecoin payment rails whilst maintaining familiar user experiences. Rain will use the funding to expand its global compliance footprint, enhance platform capabilities and develop new payment products.