Rain Raises $250M Series C at $1.95B Valuation

Rain, a fintech startup, provides blockchain-based payment infrastructure and a stablecoin card network for institutional payment settlement solutions. The company recently completed a $250 million Series C investment round, achieving a $1.95 billion valuation.

Investors

The article mentions that Rain recently completed its Series C fundraising but does not name any specific investors in this round.

Rain Use of Funds

Rain plans to use the capital to expand its Stablecoin Card operations, achieve broader market penetration, and enable businesses to deploy regulatory-compliant card programs through its unified platform.

About Rain

The article does not explicitly state a founding year or founders. Rain aims to enable businesses to deploy regulatory-compliant card programs through a unified platform, bridging blockchain technology with conventional payment experiences and supporting stablecoin conversion and settlement operations.

Funding Details

Company: Rain
Raised: $250M
Round: Series C
Funding Date: May 2026
Valuation: $1.95B
Software Category: Fintech, Blockchain Payment Infrastructure
Company Website: https://rain.xyz
Source: https://www.mexc.com/news/1070593