Rain Raises $250 Million in Series C to Expand Global Market Reach
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Significant Funding Round: Rain raised $250 million in a Series C round led by ICONIQ, valuing the company at $1.95 billion and bringing total funding to over $338 million, reflecting strong investor interest in stablecoin payment solutions.
- Market Expansion Plans: The funding will support Rain's expansion into key markets across North America, South America, Europe, Asia, and Africa, enabling enterprises to quickly enter new markets and enhance their global payment infrastructure.
- Transaction Processing Capacity: Rain's platform currently processes over $3 billion annually for more than 200 partners, including Western Union and Nuvei, showcasing its strong market position in the stablecoin payment sector.
- Technological Advantage: Rain's full-stack technology and regulatory readiness position it to define the default enterprise platform for tokenized money, with CEO Farooq Malik stating that the capital will be used to enhance the payments platform, pursue strategic acquisitions, and develop new products for seamless stablecoin payments.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







