Rain Raises $58M to Launch Stablecoin-Powered Visa Cards

Rain’s stablecoin VISA cards are actually transforming how enterprises handle payments right now as the company just secured $58 million in Series B funding that was led by Sapphire Ventures. This investment brings Rain’s total funding to $88.5 million, and it positions Rain stablecoin cards as the leading infrastructure for global digital asset debit cards along with stablecoin payment solutions.

The forecast? Heavy Rain. ️

We’ve raised $58M in Series B funding—led by @SapphireVC with support from @Dragonfly_xyz, @galaxyhq, @SamsungNext, @lightspeedvp, @NorwestVP & Endeavor Catalyst.

Thanks to our team, partners, and investors for helping us rebuild global payments… pic.twitter.com/mspsObE4sV

— Rain (@raincards) August 28, 2025

The forecast? Heavy Rain. ️

We’ve raised $58M in Series B funding—led by @SapphireVC with support from @Dragonfly_xyz, @galaxyhq, @SamsungNext, @lightspeedvp, @NorwestVP & Endeavor Catalyst.

Thanks to our team, partners, and investors for helping us rebuild global payments… pic.twitter.com/mspsObE4sV

Rain Stablecoin Visa Cards Drive Global Adoption With Cross-Border Payments

Source: BraleSource: BraleThe enterprise stablecoin market has been experiencing some pretty remarkable growth, with Rain stablecoin VISA cards at the forefront of this transformation. The company’s transaction volume has actually grown 10x since January 2025, and it’s processing millions of transactions across 150+ countries through its digital asset debit cards infrastructure.

Leadership Vision Gets Behind Rain Stablecoin VISA Cards Innovation

Farooq Malik, CEO and Co-founder of Rain, had this to say:

“Stablecoins are shifting to the backbone of global commerce. In its earliest form, money moved instantly. We’ve spent centuries slowing it down. Rain is bringing that simplicity back to billions of people, but now it works across any border, any platform, and any currency.”

“Stablecoins are shifting to the backbone of global commerce. In its earliest form, money moved instantly. We’ve spent centuries slowing it down. Rain is bringing that simplicity back to billions of people, but now it works across any border, any platform, and any currency.”

Rain’s platform actually enables stablecoin payment solutions that address traditional cross-border fintech transactions inefficiencies, and it provides instant settlements along with reduced costs.

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Source: XSource: XThe funding round was backed by major investors including Samsung Next, Dragonfly, Galaxy Ventures, Endeavor Catalyst, Lightspeed, and also Norwest, which demonstrates strong market confidence in digital asset debit cards infrastructure right now.

Jai Das, president and partner at Sapphire Ventures and Rain’s newest board director, stated:

“Stablecoins have scaled to hundreds of billions in circulation, but until now, they couldn’t be easily spent. Rain is working to fix that by connecting stablecoins to Visa’s global network, turning them into money you can actually use for everyday commerce.”

“Stablecoins have scaled to hundreds of billions in circulation, but until now, they couldn’t be easily spent. Rain is working to fix that by connecting stablecoins to Visa’s global network, turning them into money you can actually use for everyday commerce.”

Regulatory Framework Actually Enables Rain Stablecoin VISA Cards Expansion

Enterprise interest in stablecoin payment solutions has actually surged following regulatory clarity from the GENIUS Act in the U.S. along with the MiCA framework in Europe. Rain’s vertically integrated platform enables partners to embed cross-border fintech transactions capabilities through a single API, covering money-in, storage, spending, and even money-out operations.

As a Visa Principal Member, Rain uniquely settles 100% of card payment volume directly in stablecoins on the Visa network, enabling settlement seven days a week, 365 days a year. This capability has been enhanced to serve portfolio partners including Nuvei, Avalanche, Dakota, and also Nomad for merchant payouts, consumer purchases, B2B spend, along with cross-border payroll.

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Also Read: Ssense Bankruptcy Crisis: 28% Sales Drop Fuels Forced Sale ThreatRain stablecoin VISA cards represent the future of enterprise payments right now, with the new funding set to expand platform services and enter new markets where enterprises are actually embracing stablecoin-based payment workflows.