New Funding Round Powers Next-Gen Financial Infrastructure
Rain, a cutting-edge fintech firm, has closed a $250 million funding round at a $1.95 billion post-money valuation. The round was led by ICONIQ Capital, with participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Lightspeed, and Galaxy Ventures—underscoring strong investor confidence in the future of digital payment infrastructure.
Expanding Global Footprint in Digital Payments
To date, Rain has raised over $338 million. The company specializes in bridging traditional finance with digital assets, enabling clients to issue and manage stablecoin-powered payment cards on the global Visa network. This integration streamlines cross-border transactions, offering faster, more efficient solutions for consumers and enterprises alike.
- Scaling operations across North and South America with localized partnerships
- Entering key European and Southeast Asian markets with compliance-first strategies
- Establishing presence in high-growth African economies to support financial inclusion
The newly secured capital will fuel international expansion and strengthen regulatory compliance frameworks. As global demand for regulated digital currencies rises, Rain is positioning itself as a foundational player in the evolving financial ecosystem.