Rain, which helps businesses issue stablecoin-linked Visa cards, raised a $250M Series C led by ICONIQ at a $1.95B valuation, taking its total funding to $338M+
Stablecoin firm Rain said on Friday it has raised $250 million in a funding round led by ICONIQ, valuing the company at $1.95 billion …
Reuters Pragyan Kalita
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Discussion
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@theoneandomsy
Omar
on x
We're excited to double down on Rain in their Series C and continue supporting @cnaut @rooqster and the entire world-class Rain team They've built the internet-native programmable payments stack that merges digital and legacy rails; bringing the best of modern money to
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@alliance
@alliance
on x
Congratulations to @raincards (ALL7) on their $250M Series C at a $1.95B valuation! Rain enables fintechs to offer stablecoin-powered cards to end customers through a single compliant API.
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@lightspeedvp
@lightspeedvp
on x
Stablecoins used to be considered experimental. That's no longer the case. Big congratulations to Lightspeed-backed @raincards on raising a $250M Series C. In under a year, Co-Founders @rooqster and @cnaut drove a 17x valuation increase, reflecting their execution and growing [im…
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@hosseeb
Haseeb
on x
Rain is officially one of the fastest growing fintech companies in the world. Stablecoin cards are growing like crazy, everywhere in the world. This is one of the big themes of 2026: crypto becomes enmeshed more deeply into how payments flow through the global economy. For many
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@mottice
Daniel Mottice
on x
stablecoins have a fiat problem. stablecoins are often described as instant, global, and 24/7/365, which is true when activity stays onchain. however, when stablecoins touch legacy rails, those guarantees break down. most stablecoin platforms still rely on wires or ACH to move
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@sytaylor
Simon Taylor
on x
WOW: Rain just raised $250M at a $1.95B valuation 🤯 17x increase in 10 months. 30x card growth. 38x payment volume growth. Stablecoin linked cards are on fire — What is Rain actually building? - Rain is a Visa Principal Member. - That's the same direct Visa relationship [image]
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@lmrankhan
Imran Khan
on x
Congrats to Alliance alum Rain on their Series C at a $2B valuation. One of the fastest growing companies globally.
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@raincards
Rain
on x
Onchain rails have proven their value. Rain is making them usable by everyone, and keeping them invisible in the process. Today, we're announcing our $250M Series C at a $1.95B valuation to keep building. 🧵 [video]
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@cnaut
Charles Yoo-Naut
on x
2025 was a huge year for Rain, and our goals for 2026 are just as lofty. This round helps us get there. Expect to see better capabilities, more licenses, and products the world has never seen before. The future of money is here, and we're building the rails to make it possible.