Post #11463

Rain raises $250M in Series C Round at a $1.95B valuation The round was led by ICONIQ with participation from Sapphire Ventures, Dragonfly, Bessemer, Lightspeed, FirstMark, Norwest and Galaxy Ventures Rain currently helps clients launch stablecoin cards on the Visa network. Such cards can be used by holders to spend stablecoins at local merchants and withdraw cash at ATMs. ℹ️ Rain is a financial technology company that helps businesses issue payment cards globally. It previously raised $88.50M backed by Sapphire Ventures, Samsung Next, Endeavor Catalyst, BDMI and others. 🔗bloomberg.com/news/articles/2026-01-09/stablecoin-firm-rain-valued-at-1-95-billion-after-funding-round Follow us to be on top of crypto: TG | Chat | X