Rain Secures $58 Million in Series B Funding on August 28, 2025

According to media reports, Rain raised $58 million in Series B funding on August 28, 2025. The round was led by Sapphire Ventures, Dragonfly, Samsung Next, Lightspeed Venture, Galaxy Ventures, and Endeavor Catalyst. Following this transaction, Rain’s total funding has reached $82.5 million.Rain is a blockchain-based payment card issuer and stablecoin interoperability platform. As a Visa network card issuer, Rain provides payment card solutions for various regions and use cases. The platform is focused on bridging traditional financial systems with cryptocurrency payment scenarios, offering users a more convenient payment experience. Amid rapid growth in digital payments, Rain’s innovative solutions are positioned to drive technological upgrades and service innovation across the payments industry.Notably, Rain has secured consecutive funding rounds in recent months. After completing its $58 million Series B in August 2025, the company raised an additional $24.5 million in October 2025. This series of financings underscores sustained investor confidence in the payments technology sector and highlights Rain’s growth potential in the blockchain payments space.

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Fundraising History
RoundAmountValuationTimeInvestor(s)
Series B$58 M--2025-08-27Sapphire Ventures,Dragonfly,Samsung Next,Lightspeed Venture,Galaxy Ventures,Endeavor Catalyst
Key Milestones
  • 2025-10-24
    Rain raised $ 24.5 M in funding round
  • 2025-08-28
    Rain raised $ 58 M in Series B round
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