Rain

Rain

Crypto card issuing and stablecoin platform

About Rain

Founded

2021

Community

Rain is blockchain-based card issuing and stablecoin interoperability platform. Rain is an issuer with the Visa Network and offers solutions for card programs across a number of regions and use cases.

Team Members

Farooq Malik
Farooq MalikCo-Founder and CEO
Charles Naut
Charles NautCo-Founder and CTO
Pooja Shah
Pooja ShahHead of Product
Nick Pinto
Nick PintoVP, BD & Partnerships
Sean Clark
Sean ClarkDirector of Partnerships
Lucas Piazza
Lucas PiazzaMarketing & Communications

Investors

ICONIQ CapitalICONIQ Capital
DragonflyDragonfly
Lightspeed VentureLightspeed Venture
Bessemer VenturesBessemer Ventures
Sapphire VenturesSapphire Ventures
Galaxy VenturesGalaxy Ventures
FirstMark CapitalFirstMark Capital
Norwest Venture PartnersNorwest Venture Partners
Endeavor CatalystEndeavor Catalyst
Samsung NextSamsung Next
Coinbase VenturesCoinbase Ventures
Hard YakaHard Yaka
Canonical CryptoCanonical Crypto
Goldcrest CapitalGoldcrest Capital
BDMIBDMI
T
Thayer
C
CompoSecure
V
Vinyl
L
Latitude Capital

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$250.00M
$1.95B
2026-01-08
ICONIQ CapitalICONIQ Capital*
DragonflyDragonfly
+ 7
Series B
$58.00M
--
2025-08-27
Sapphire VenturesSapphire Ventures*
DragonflyDragonfly
+ 4
--
$24.50M
--
2025-03-23
Norwest Venture PartnersNorwest Venture Partners*
Coinbase VenturesCoinbase Ventures
+ 10

Subsidiary Organizations

Fern
Fern
Web3 payment company
Uptop
Uptop
On-chain reward platform