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​Visa-backed Rain raises $24.5m to expand stablecoin payment cards

Summary by crypto.news
Rain, a global card issuing platform that uses stablecoins, has secured $24.5 million in funding led by Norwest Venture Partners. Additional participants include Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka, alongside existing investors such as Lightspeed Venture Partners, Coinbase Ventures,…
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AlleyWatchAlleyWatch

The AlleyWatch Startup Daily Funding Report: 3/25/2025 – AlleyWatch

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/25/2025 featuring funding details for Charm Security, Rain, and much more. This page will be updated throughout the day to reflect any new fundings. Rain – $24.5M Venture FINTECH Rain, a card issuing platform powered by stablecoins, has raised $24.5M in Venture funding led by Norwest Venture Partners. Rain was founded by Farooq Malik and Charles Naut in 2021. RE…

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fintech.globalfintech.global

Stablecoin card issuer Rain secures $24.5m to fuel global expansion

Rain, a global card issuing platform powered by stablecoins, has raised $24.5m in a new funding round aimed at accelerating its international growth. The investment was led by Norwest Venture Partners, with participation from new backers including Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors such as Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also joined the round…

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Fintech FinanceFintech Finance

Orbital Partners with Know Your Customer to Strengthen Compliance for Its Global Stablecoin and Traditional Payments Platform

Orbital has partnered with Know Your Customer, an award-winning provider of digital onboarding and KYB please automation solutions to significantly enhance Orbital's compliance framework,

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fintechinshorts.comfintechinshorts.com

Stablecoin-Based Card Issuer Rain Secures $245 Million in Funding | Fintech InShorts: Latest fintech news, analysis by experts

Revolutionizing Payments with Innovative Blockchain Solutions Highlights: Rain has successfully raised $245 million to enhance its stablecoin-based payment solutions. The funding will be used to expand its services and increase the adoption of blockchain technology in financial transactions. Rain aims to revolutionize the way consumers interact with digital currencies and traditional financial systems. Rain, a pioneering card issuer that levera…

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Financial ITFinancial IT

Rain Announces $24.5 Million In Funding Led By Norwest To Expand Stablecoin-Powered Card Issuing Globally

Rain, the global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the round included Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also participated.

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Crypto Currency NewsCrypto Currency News

Rain Crypto Visa Cards: $24.5M Funding Accelerates Global Expansion

Rain crypto Visa cards are poised to revolutionize the way stablecoins are spent worldwide after securing $24.5 million in funding. Rain, a startup that issues Visa debit and credit cards enabling seamless transactions with stablecoins, announced the successful funding round led by Norwest Venture Partners. Prominent investors such as Galaxy Digital (OTC:BRPHF), Coinbase Ventures (NASDAQ:COIN), and CompoSecure (NASDAQ:CMPO) also participated in …

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crypto.news broke the news in on Monday, March 24, 2025.
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