

Startup · United States
Rain
HQ United StatesFounded 202151-200 employeesUpdated
Explore Rain’s enterprise payments infrastructure for stablecoin-powered cards and global money movement.
Funding1 round · $250M
- Equity raised
- $250M
- Latest
- $250MSeries C · Jan 9, 2026
- Last valuation
- $1.95B?Basis not stated · Series C · Jan 9, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jan 9, 2026 | Series C | $250M | $1.95B? | ICONIQ Capital | Bessemer Venture Partners, Sapphire Ventures | Confirmed |
- $250MJan 9, 2026
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
- RainStablecoin-payment infrastructure platform with APIs for accounts, card programs and money movement.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People1
| Person | Role |
|---|---|
| Farooq Malik | CEO and Co-founder |
Sources6
Profile3
- 1
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "9ca19bb3-8e6e-4744-a298-a79d5b15264d"}”
- 3DatabaseRain | LinkedIn
www.linkedin.com · Supports Organization · employee range, Organization · founded year
“Company size 51-200 employees”
Systems1
- 4
Rain · Supports Organization · description, Organization · name, Organization · website, System
“Explore Rain’s enterprise payments infrastructure for stablecoin-powered cards and global money movement. Fast settlement, scalable API, and trusted performance.”
Funding1
- 5
rain.xyz · Jan 9, 2026 · Supports Funding round · amount, Funding round · post money valuation usd, Organization · ownership
“Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced a $250 million Series C funding round led by ICONIQ”
People1
- 6
chainwire.org · Supports Role
““Stablecoins are quickly becoming the way money moves in the 21st century, but adoption by users worldwide requires cards and apps that just work,” said Farooq Malik, CEO & Co-founder of Rain.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.
