"The new funding will be used to expand Rain's platform and services to give global institutions the most flexible, modular, and compliant stablecoin infrastructure available. The company is also investing in hiring across engineering, commercial, and compliance teams; helping existing partners scale programs; and entering into new markets where enterprises are embracing stablecoin-based payment workflows. Enterprise interest in stablecoins has surged following the GENIUS Act in the U.S. and the MiCA framework in Europe, which have created a clear regulatory path for adoption."
"Rain's vertically integrated platform enables partners to embed stablecoins into products and operations - covering money-in, storage, spending, and money-out - all through one API. Partners can compliantly launch programs to over 1.5 billion people today, with expansion underway into Europe, the Middle East, Africa, and Asia-Pacific. Rain has pioneered making stablecoins instantly usable anywhere Visa is accepted through its physical and virtual card programs, processing millions of transactions across 150+ countries."
Rain raised $58 million in a Series B led by Sapphire Ventures, bringing total funding to $88.5 million. The company will use the capital to expand its modular, compliant stablecoin infrastructure, hire across engineering, commercial, and compliance teams, help partners scale programs, and enter new markets. Enterprise interest accelerated after the GENIUS Act in the U.S. and MiCA in Europe established clearer regulatory paths. Rain’s platform covers money-in, storage, spending, and money-out through a single API and can reach over 1.5 billion people. Rain enables stablecoins at any Visa merchant via physical and virtual cards and has seen 10x transaction growth since January 2025.
Read at Silicon Valley Journals
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