Rain

Series C · $250M · January 2026 · North America

What it sells

Stablecoin infrastructure.

Business model breakdown

Buyer: who owns the budget?

UnverifiedProduct and payments leaders at fintechs and enterprises launching card or payout programs.

Trigger: what makes them buy now?

Wanting to launch compliant stablecoin cards and global money movement without stitching together local issuers and vendors.

Workflow: what inputs become what output?

Launch prepaid or credit card programs, hold stablecoin balances, convert to fiat, and settle card transactions with networks daily in stablecoins, via one API.

Economics: what it saves and how it charges

UnverifiedEnterprise platform sold demo-led; Rain says stablecoin-native settlement and direct card-network membership (no intermediaries) give clients better program economics. Revenue model not published (likely platform fees plus card interchange/rewards share).

Distribution: how it reaches customers

Demo-led enterprise sales ("Book a demo", "Lets talk"), network partnerships.

Funding history and coverage

Round dateStageAmountInvestorsSource
2026-01-09Series C$250M—news.google.com

Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.