Rain Raises $250M Series C to Scale Stablecoin-Powered Payments Infrastructure
Rain, a stablecoin funds infrastructure supplier, has raised $250 million in a Series C funding spherical led by ICONIQ valuing the corporate at $1.95 billion and bringing its whole funding to greater than $338 million.
Onchain rails have confirmed their worth.
Rain is making them usable by everybody, and preserving them invisible within the course of.Today, we’re saying our $250M Series C at a $1.95B valuation to preserve constructing.
— Rain (@raincards) January 9, 2026
The funding spherical included participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst.
Rain closed its Series B simply 4 months in the past and its Series A lower than a 12 months in the past representing a greater than 17x valuation improve in roughly 10 months.
Stablecoins Move From Experiment to Core Payment Rail
Once seen primarily as buying and selling instruments inside crypto markets stablecoins are increasingly being used as world value-transfer rails.
Rain mentioned it’s positioning itself on the middle of that transition by offering infrastructure that enables firms to undertake onchain fee rails with out disrupting acquainted person experiences.
Its platform permits companies to combine stablecoins whereas sustaining compliance, usability and compatibility with current fee networks.
“Stablecoins are shortly changing into the way in which cash strikes within the twenty first century,” mentioned Rain CEO and co-founder Farooq Malik. “But adoption at scale requires funds that merely work for customers. This funding permits us to carry that infrastructure to new markets and assist enterprises scale globally.”
Enterprise-Grade Infrastructure With Global Reach
Rain’s end-to-end platform permits firms to concern compliant stablecoin-linked playing cards accepted anyplace Visa is supported, convert fiat into stablecoins, handle wallets, allow rewards, and facilitate payouts — all by means of a single associate.
The firm at present facilitates greater than $3 billion in annualized transaction quantity throughout over 200 companions, together with Western Union, Nuvei and KAST.
Rain is a Visa Principal Member and points playing cards that function in over 150 international locations positioning it as a bridge between conventional fee rails and blockchain-based settlement.
Funding to Drive Global Expansion and Product Growth
Rain plans to use the Series C capital to broaden its licensed footprint throughout North America, South America, Europe, Asia, and Africa, permitting companions to launch compliant stablecoin fee merchandise globally. The firm additionally intends to deepen its full-stack capabilities, together with by means of potential strategic acquisitions and new product improvement.
ICONIQ associate Kamran Zaki mentioned Rain represents a uncommon mixture of regulatory readiness, full-stack expertise, and real-world scale.
“We imagine there’s a transient window to outline the default platform enterprises will depend on as they transfer from stablecoin experimentation to manufacturing,” Zaki mentioned.
As regulatory readability improves and enterprises more and more search programmable, always-on fee infrastructure, Rain is betting that stablecoin-powered funds will turn into a foundational layer of the worldwide monetary system.
The publish Rain Raises $250M Series C to Scale Stablecoin-Powered Payments Infrastructure appeared first on Cryptonews.
