Rain, a stablecoin-backed Visa card issuer, raised a $58M Series B led by Sapphire Ventures, after raising a $24.5M Series A led by Norwest in March Yueqi Yang / The Information : The Information 2025-08-29 Yueqi Yang Norwest, Sapphire Ventures, Visa, Yueqi Yang Related Coverage Rain Raises $58M Series B Led By Sapphire Ventures to Become the Enterprise Stablecoin Platform of Record Rain Rain Raises $58M to Launch Stablecoin-Powered Visa Cards Watcher Guru Enterprise Stablecoin Platform Rain Raises $58M, Eyes Global Payments Blockonomi The AlleyWatch Startup Daily Funding Report: 8/28/2025 AlleyWatch Fintech Rain Raises $58 Million to Fuel Stablecoin Push on Visa Network Decrypt Visa-powered, stablecoin firm Rain raises $58 million from Samsung and Sapphire The Block Stablecoin infrastructure platform Rain snags $58m Series B Venture Capital Journal Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform PYMNTS.com