Tagged: rain

April 16, 2025 @ 10:58 am By Tony Zerucha  |  

Rain, the employer-integrated earned wage access (EWA) and financial wellness app, has raised $75 million in Series B equity funding. The round was led by Prosus, with additional participation from Nextalia Ventures, Spark Growth Ventures, and existing investors, including QED and Invus Opportunities. This funding… Read More

March 25, 2025 @ 11:00 pm By Omar Faridi  |  

Rain, a global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the funding round included the following: Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital,… Read More

December 8, 2024 @ 11:03 pm By Tony Zerucha  |  

A co-author of the Consumer Financial Protection Act of 2010 believes California’s new earned-wage access (EWA) rule is a positive step that other states can look to when building their own rules. Tom Scanlon is now the general counsel and chief compliance officer at Rain,… Read More

April 19, 2024 @ 4:07 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card,… Read More

April 8, 2024 @ 9:33 pm By Omar Faridi  |  

Paymentology, a global issuer-processor, announces its partnership with Rain, a corporate spend management platform that specializes in catering to international companies and companies in the digital asset and Web3 space. The collaboration is a first for the fintech industry “with the launch of a new… Read More

March 23, 2023 @ 9:46 pm By Omar Faridi  |  

Rain, a provider of financial wellness products that empower and engage employees, announced that it “raised $116 million, encompassing $66 million in equity and $50M in debt.” QED Investors and Invus Opportunities “led the Series A with participation from firms including WndrCo, Tribe Capital, and… Read More

March 15, 2023 @ 10:27 pm By Omar Faridi  |  

This is notably the first ‘directly integrated’ open banking API in MENA’s crypto sector. The collaboration will allow Rain customers in Bahrain “to quickly and easily top-up their crypto wallets via bank transfer through the Rain app.” Tarabut Gateway, which claims to be one of… Read More

January 23, 2022 @ 10:31 pm By Omar Faridi  |  

Bahrain-headquartered cryptocurrency exchange Rain Financial has secured $110 million in capital via a Series B round. Rain Financial reports that its investment round has been co-led by Paradigm and Kleiner Perkins along with contributions from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, and CMT… Read More

January 18, 2021 @ 8:26 am By Samantha Hurst  |  

  Rain Financial, a Bahrain-based cryptocurrency exchange, announced one r the weekend it secured $6 million through its Series A funding round, which was led by Middle East Venture Partners (MEVP) with participation from Coinbase, Vision Ventures, CMT Digital Ventures, Abdul Latin Jameel Fintech Ventures,… Read More

June 21, 2020 @ 4:23 pm By Omar Faridi  |  

Bahrain and the United Arab Emirates (UAE) were recently ranked among the world’s top 100 destinations for startups across the globe. A new study published by StartupBlink, called the Startup Ecosystem Rankings Report, determines the score for each country by taking into consideration many different… Read More

July 24, 2015 @ 3:05 pm By Samantha Hurst  |  

Giving kids a reason to love rainy days, Northfolk-based startup Holly and Beau has launched an equity crowdfunding campaign on Crowdcube to raise £50,000 for its color changing rainwear. The company was founded in 2012 by brother and sister duo Jack and Fleur Passant. They were inspired to create… Read More