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Make It Rain: Stablecoin Card Company Rain Raises $58M Series B Round
Make It Rain: Stablecoin Card Company Rain Raises $58M Series B Round. Photo By Eveling Salazar On Unsplash.
Rain reveals a series B round raise for the sum of $58M to expand its U.S. and global stablecoin card operations, according to the company's press release.
Following recent successes in supporting the launch of the Wyoming Frontier Stable Token and partnership supporting Dinari's USD+ stablecoin, as well as a 10x growth since January 2025, the company is actively participating in the stablecoin card sector.
This was was led by Sapphire Ventures and other VCs, including Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed, and Norwest, contributed to the latest round.
Notably, the company found its earliest use-cases from powering the transfer of funds in stablecoins in private credit use-cases. Its partner and supporter, Visa, is also responsible for enabling international acceptance via its network and enterprise-grade compliance.
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