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

According to industry sources, Rain raised $58 million in a Series B financing round 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 card issuance and stablecoin interoperability platform. As an issuer on the Visa Network, Rain provides card program solutions for multiple regions and use cases. The platform aims to bridge the gap between traditional finance and cryptocurrency, delivering a more seamless payment experience for users.It is noteworthy that prior to this round, Rain completed a $24.5 million financing on October 8, 2025. The successful completion of these two rounds demonstrates sustained investor confidence in blockchain payment infrastructure and underscores strong market demand for cross-border payment and digital asset circulation solutions. Rain’s innovative approach is expected to play a significant role in driving the integration of traditional finance with blockchain technology, presenting new growth opportunities for the global payments industry.

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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
  • 2025-10-08
    Rain raised $ 24.5 M in funding round
  • 2025-08-28
    Rain raised $ 58 M in Series B round
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