Congratulations to Rain on its Series A financing led by Norwest Venture Partners! Special thanks to Farooq?and Charles for letting Goldcrest be part of Rain’s journey. We're excited to see the company build on its hot momentum powering stablecoin-enabled payments globally?? https://lnkd.in/eScvBRAt
Excited to announce $24.5M in new funding for Rain led by Norwest with participation from new investors Galaxy, CompoSecure, Goldcrest Capital, BDMI, Latitude Capital, Thayer Ventures, Vinyl Capital and Hard Yaka Ventures, and existing investors Lightspeed, Coinbase Ventures and Canonical. Powered by our Visa Principal Membership and our unique blockchain infrastructure, we’re accelerating the global rollout of stablecoin-enabled card issuance, unlocking faster, more efficient payments. As stablecoin adoption continues to grow — powering diverse use cases such as cross-border payments, remittances, and dollar-based savings — so too does the demand for frictionless spending of stablecoins in everyday transactions. Rain is prepared to meet that demand. After 15x revenue growth in just 12 months and payments now processed in 100+ countries, we're just getting started. Article from Fortune: https://lnkd.in/eScvBRAt. Join us as we scale the future of money. With this new capital, we are growing the team. We're hiring across key roles, explore opportunities: https://lnkd.in/e6sHZhmD