Rain, a stablecoin payment infrastructure provider, has achieved significant growth and secured new funding.
Funding and Growth
On August 28, 2025, Rain announced the completion of a $58 million Series B funding round led by Sapphire Ventures, with participation from various venture funds. This brings Rain's total funding to $88.5 million just five months after its Series A round. The company reports a tenfold increase in transaction volume since January 2025.
Rain's Infrastructure and Services
Rain offers a vertically integrated platform that allows users to embed stablecoins into their products and operations through a single API. The company's partners can launch programs serving over 1.5 billion people, with expansion underway into Europe, the Middle East, Africa, and Asia-Pacific.
Future of Stablecoins and Their Application
CEO and co-founder Farooq Malik noted that stablecoins are becoming a backbone of global commerce. Rain enables the use of stablecoins for everyday purchases through its card programs that work on the Visa network. Major partners of Rain utilize this infrastructure for various payment solutions, including transfers and purchases.
With increasing interest in stablecoins and regulatory support, Rain continues to expand its capabilities and services, promising significant changes in the payment landscape.
