Rain
RA
Rain provides stablecoin payments infrastructure for platforms, fintechs, and institutions. Its products include card issuing, digital dollar wallets and virtual accounts, onramps and offramps, and cross-border payments. The platform combines these services in one API for launching global payment programs.
Founded by Farooq Malik (CEO), Charles Yoo-Naut (CTO)
Blended valuation$2B
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$2B
blended valuationfunding round
Jan 5, 2026$1.2BOct 5, 2026
All rounds
4 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series C | Jan 9, 2026 | $250M | $2B |
| Series B | Aug 28, 2025 | $58M | — |
| Series A | Mar 24, 2025 | $24.5M | — |
| Seed | Apr 27, 2022 | $6M | — |
Investors
9 investors across all rounds.
- NONorwest
- LVLightspeed Venture Partners
- ICICONIQ Capital
- SVSapphire Ventures
- BVBessemer Venture Partners
- ECEndeavor Catalyst
- FIFirstMark
- GVGalaxy Ventures
- DRDragonfly
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Data as of Oct 16, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.