FundedIQ
Blockchain and Cryptocurrency

Rain: Funding, Investors & Team (Sep 2026)

Rain allows platforms, financial services firms, and developers to utilize a unified API for managing stablecoin-based wallets, payment cards, and international transfers. The company helps partners exchange local currencies for stablecoins, create physical or virtual cards connected to digital wallets, and facilitate cross-border payments in stablecoins. The platform includes features for regulatory compliance such as KYC, AML, and SOC 2, and enables smooth transactions across worldwide merchant networks.

www.rain.xyz LinkedIn New York, United States 11-50 employees
Blockchain Cryptocurrency Decentralized Finance (DeFi) FinTech Web3 B2B
Total raised
$308M
Rounds
2
Latest
Series C
Jan 2026

Rain has raised $308M across 2 funding rounds on record, the most recent a Series C of $250M announced in Jan 2026.

That round is above the $6.3M median round size for Blockchain and Cryptocurrency companies tracked on FundedIQ over the last two years.

Rain Company Profile and Key Stats

Total funding raised
$308M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$250M in Jan 2026
Employees
11-50
reported band
Headquarters
New York, United States

Latest funding round on record: Jan 2026.

Rain Funding Rounds

Date
Round
Amount
Series C
$250M
Series B
$58.0M

Rain raised $58.0M in a Series B announced in Aug 2025.

5 months later, a Series C of $250M was announced in Jan 2026.

Rain Founders and Leadership Team

Name
Role
Contact
Farooq Malik
Founder

No contact details are on record for this team yet.

Rain Funding Compared to Other Blockchain and Cryptocurrency Startups

Segment
Companies
Median round

Rain's latest round of $250M is above the median round in Blockchain and Cryptocurrency. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Rain in Blockchain and Cryptocurrency and New York

Companies Similar to Rain

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Rain Funding FAQs

What does Rain do?

Rain allows platforms, financial services firms, and developers to utilize a unified API for managing stablecoin-based wallets, payment cards, and international transfers. The company helps partners exchange local currencies for stablecoins, create physical or virtual cards connected to digital wallets, and facilitate cross-border payments in stablecoins. The platform includes features for regulatory compliance such as KYC, AML, and SOC 2, and enables smooth transactions across worldwide merchant networks.

How much funding has Rain raised?

Rain has raised $308M across 2 rounds on record. The most recent is a Series C of $250M announced in Jan 2026.

When did Rain last raise funding?

Rain's most recent funding round on record is a Series C of $250M, announced in Jan 2026.

Who founded Rain?

FundedIQ lists Farooq Malik (Founder) at Rain.

Where is Rain headquartered?

Rain is based in New York, New York, United States.

How many employees does Rain have?

Rain is in the 11-50 employee band.

How does Rain's funding compare to other Blockchain and Cryptocurrency startups?

Rain's latest round of $250M is above the $6.3M median round size for Blockchain and Cryptocurrency companies on FundedIQ across 659 tracked companies over the last two years.

About FundedIQ's Rain Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Rain is left off this page rather than filled in.

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