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Full-Time

Backend Engineer

Confirmed live in the last 24 hours

Rain

Rain

11-50 employees

Spend management platform for Web3 organizations

Fintech
Crypto & Web3

Entry, Junior

New York, NY, USA

Open to fully remote candidates, but primary location is New York.

Category
Backend Engineering
Software Engineering
Required Skills
Node.js
Requirements
  • Experience with NodeJs and other backend technologies
  • A builder mentality, someone who experiments with side projects
  • Crypto maxi or crypto curious
Responsibilities
  • Be a critical part of the technical and product roadmap
  • Contribute to our backend and integrate a variety of third party services
  • Scale our infrastructure to millions of end users globally
  • Rapidly ship new capabilities to our customers
  • Help drive the architectural decisions of a rapidly evolving product
  • Interact with smart contracts across multiple chains

Rain provides a spend management platform designed specifically for decentralized organizations in the Web3 ecosystem, such as DAOs and blockchain projects. The platform allows these organizations to manage their finances by integrating digital assets with traditional fiat currency systems, enabling seamless and secure transactions. Unlike traditional fintech solutions that rely on outdated infrastructure, Rain utilizes blockchain technology to facilitate instant transactions, allowing users to make real-world purchases quickly. Rain differentiates itself from competitors by focusing on the unique needs of Web3 teams and offering a direct payment pipeline that connects them with vendors, ensuring efficient financial operations. The company's goal is to empower Web3 organizations to operate effectively while maintaining the ability to transact with traditional merchants globally.

Company Stage

Seed

Total Funding

$6M

Headquarters

New York City, New York

Founded

2021

Growth & Insights
Headcount

6 month growth

13%

1 year growth

30%

2 year growth

70%
Simplify Jobs

Simplify's Take

What believers are saying

  • Rain's strategic partnerships with Paymentology and Portal enable them to offer unique payment solutions that bridge digital assets and fiat currencies.
  • The $6 million seed funding led by Lightspeed provides a strong financial foundation for further innovation and market expansion.
  • Rain's focus on the rapidly growing Web3 market positions it well for significant growth as digital asset adoption increases.

What critics are saying

  • The niche focus on Web3 teams may limit Rain's market size compared to broader fintech solutions.
  • Dependence on partnerships for card issuance and payment processing could pose risks if these partnerships face disruptions.

What makes Rain unique

  • Rain focuses exclusively on Web3 teams and decentralized organizations, unlike traditional fintech companies that cater to a broader market.
  • Their use of blockchain infrastructure for instant and secure transactions sets them apart from competitors relying on outdated financial systems.
  • Partnerships with licensed card issuers and companies like Paymentology and Portal enhance their ability to integrate digital assets with fiat systems seamlessly.

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