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Rain Secures $250m Series C Funding to Scale Stablecoin-Powered Payments

DATE POSTED:January 11, 2026
Rain, which provides infrastructure that lets companies issue stablecoin-linked wallets and payment cards, said it raised $250 million in a Series C round led by ICONIQ, valuing the company at $1.95 billion. The financing also drew participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy... Read More