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Rain raises $250m in Series C funding

Louden Richason

1/16/2026 1:19:00 PM

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Louden Richason

New York based stablecoin payments and card issuing infrastructure company raised $250m in Series C funding led by ICONIQ.

"Stablecoins are quickly becoming the way money moves in the 21st century, but adoption by users worldwide requires cards and apps that just work," said CEO Farooq Malik.

https://www.reuters.com/technology/stablecoin-firm-rain-valued-195-billion-latest-fundraise-2026-01-09/

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