Rain.XYZ logo

Rain.XYZ Stock

Private Company · Price from Hiive
$15.69 0.00 (0.00%)
As of Sep 2, 2026
10.11%
Valuation$1.95B1
Valuation DateJan 9, 2026
Implied Valuationn/a
Last Price$15.69
52-Week High$15.69
52-Week Low$10.30
YTD Returnn/a
1-Year Returnn/a
3-Year Returnn/a
Total Funding$339.7M2
Latest Round Amount$250M1
Latest RoundSeries C
Funding Rounds4
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Rain.XYZ

Rain is a stablecoin payments and card issuing platform for enterprises, neobanks and fintechs. Through a single API, partners launch branded card programs, wallets, on/offramps and cross-border rails that move money in stablecoins such as USDC. Rain is a principal member of both Visa and Mastercard and settles its card volume directly in stablecoins, powering purchases at more than 175 million merchant locations in over 220 countries and territories. The company makes money on fees from the card transactions and payment flows processed through its platform. Its infrastructure powers programs such as the Avalanche Card and handles more than $3 billion in annualized transaction volume for over 200 partners including Western Union and Nuvei.

Founded 2021
Country United States
CEO Farooq Malik
Founders Farooq Malik, Charles Yoo-Naut
Headquarters New York, NY

Invest in Rain.XYZ

Rain.XYZ is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.

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News

Western Union Launches Stablecard in Partnership with Rain

Western Union and Rain launched Stablecard, a digital wallet and USDPT-backed Visa secured credit card enabling consumers to hold and spend U.S. dollar value globally.

4 weeks ago - Business Wire

Rain Releases Agent Control Layer, Bringing Programmatic Spending Guardrails to Agentic Payments

Rain announced its Agent Control Layer, a capability embedded across its APIs that gives businesses and developers programmatic control over how AI agents spend using cards and move money on behalf of...

3 months ago - PR Newswire

Stablecoin startup Rain plans to issue cards with Mastercard

Rain became a Mastercard Principal Member, enabling the company to offer credit and prepaid cards on the Mastercard network alongside its existing Visa programs.

4 months ago - Fortune

Rain is now a Mastercard Principal Member

Rain announced it has become a Mastercard Principal Member, letting the company offer credit and prepaid cards on the Mastercard network alongside its existing Visa principal membership.

4 months ago - Rain

Rain and Episode Six form long-term partnership, beginning with Asia-Pacific expansion

Rain partnered with Episode Six as a key processing partner for its credit, debit, and prepaid card programs, with an initial focus on Asia-Pacific expansion.

5 months ago - Rain

Rain raises $250M Series C at $1.95B valuation

Rain raised $250 million in a Series C round led by ICONIQ at a $1.95 billion valuation, bringing total funding above $338 million. CEO Farooq Malik said the stablecoin payments platform's active card...

8 months ago - Rain

Rain raises $250M Series C at $1.95B valuation

Rain raised $250 million in a Series C led by ICONIQ, valuing the stablecoin payments platform at $1.95 billion.

8 months ago - PR Newswire

Stablecoin firm Rain valued at $1.95 billion in latest fundraise

Rain raised $250 million in a Series C led by ICONIQ, valuing the company at $1.95 billion. The round brings total funding to over $338 million.

8 months ago - Reuters

Stablecoin Firm Rain Valued at $1.95 Billion After Funding Round

Rain raised a $250 million Series C led by ICONIQ at a $1.95 billion valuation, bringing total funding to more than $338 million ten months after its Series A.

8 months ago - Bloomberg

Behind the buy: strengthening Rain's core infrastructure with Fern

Rain acquired Fern, a stablecoin orchestration startup whose multiplex routing, orchestration and compliance engine will power Rain's on/offramp integrations and cross-chain interoperability. Fern fou...

9 months ago - Rain

Rain Acquires Uptop to Integrate Rewards Into Its Full-Stack Platform for Enterprise Card and Wallet Programs

Rain acquired Uptop, an onchain rewards platform, adding native loyalty and rewards to its vertically integrated stack for enterprise card and wallet programs.

9 months ago - PR Newswire

Rain raises $58M Series B led by Sapphire Ventures

Rain closed a $58 million Series B led by Sapphire Ventures, bringing total funding to $88.5 million as transaction volume grew 10x in 2025.

1 year ago - Rain

Rain Raises $58M Series B Led By Sapphire Ventures to Become the Enterprise Stablecoin Platform of Record

Rain raised a $58 million Series B led by Sapphire Ventures with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed and Norwest, bringing total funding to $88.5...

1 year ago - PR Newswire

Rain and Visa Partner to Accelerate Onchain Credit Cards

Rain joined Visa's pilot program for stablecoin settlement, tokenizing its credit card receivables and transitioning all settlement for its Visa cards to USDC to settle seven days a week, 365 days a y...

1 year ago - PR Newswire

Exclusive: Crypto card issuer Rain raises $24.5 million in round led by Norwest Venture Partners

Rain raised $24.5 million in a Series A round led by Norwest Venture Partners and announced its Visa principal membership to expand stablecoin-powered card issuing across the U.S., Europe and Latin Am...

1 year ago - Fortune

Avalanche Card Debuts with Accelerated Sign-Ups Across Southeast Asia, Africa and Latin America

The Avalanche Foundation, in partnership with Rain, launched the Avalanche Card, a physical and digital card that lets users spend USDC, USDT, AVAX and wAVAX anywhere Visa is accepted.

1 year ago - Chainwire

Nuvei launches comprehensive blockchain payment solution

Nuvei launched a blockchain-based payment solution for Latin American merchants through partnerships with Rain, BitGo and Visa, enabling businesses to use stablecoins like USDC for faster global settl...

1 year ago - Nuvei

Web3 startup Rain raises $6 million to launch corporate credit cards for DAOs

Rain raised a $6 million seed round led by Lightspeed Venture Partners with participation from Coinbase Ventures, Uniswap Labs and Terraform Labs to build corporate cards and expense management for We...

4 years ago - The Block