Rain - News, Articles & Research

Earned wage access fintech DailyPay sues NY AG: Rain raises $75 million

DailyPay has sued New York Attorney General Letitia James over efforts to apply usury laws to the earned wage access sector.

09 April 2025

News/payments

Stablecoin-based card issuer Rain raises $24.5 million

Rain, a card issuing platform for stablecoins, has raises $24.5 million in new funding led by Norwest Venture Partners.

25 March 2025

Company announcement/payments

Rain raises $24.5m for stablecoin-powered card issuing platform

Rain, the global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the round included Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also participated.

24 March 2025

Company announcement/crypto

Nuvei introduces blockchain-based payments in Latin America

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, today announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM).

05 December 2024

Company announcement/payments

Marqeta to deliver branded debit to early wage access vendor Rain

Marqeta, the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances.

18 April 2024

News/payments

Earned wage access platform Rain raises $116m

Earned wage access platform Rain has closed a Series A round comprised of $66 million in equity and another $50 million in debt.

23 March 2023

Company announcement/crypto

Tarabut Gateway froms Mena crypto alliance with Rain

Tarabut Gateway, the largest open banking platform in the MENA region, announces its new partnership with Rain, the first regulated crypto assets trading platform in the region.

14 March 2023