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

According to media reports, Rain secured $58 million in Series B funding on August 28, 2025. Investors in this round include Sapphire Ventures, Dragonfly, Samsung Next, Lightspeed Venture, Galaxy Ventures, and Endeavor Catalyst. Following this transaction, Rain's total fundraising has reached $82.5 million.Rain is a blockchain-based card issuance and stablecoin interoperability platform. As a card issuer within the Visa network, Rain provides card program solutions for multiple regions and application scenarios. With the global payments industry undergoing digital transformation, stablecoin payments are emerging as a critical bridge connecting traditional finance with the cryptocurrency ecosystem. By integrating blockchain technology with conventional payment networks, Rain offers users more convenient cross-border payment and fund management services.Examining its funding history, Rain completed a $24.5 million raise on November 7, 2025, followed by this $58 million Series B round on August 28, 2025. This demonstrates sustained investor confidence in Rain’s business model and growth prospects. The participation of leading investors such as Sapphire Ventures and Dragonfly will support Rain in further expanding its card issuance network, optimizing stablecoin interoperability, and entering new regional markets. As regulatory clarity increases and user demand rises, Rain is positioned to become a key player in payment infrastructure and advance the adoption of cryptocurrency in everyday consumer scenarios.