Rain is a stablecoin payment infrastructure company that provides card issuance, wallets, on/off-ramps, and cross-border payment rails for platforms, fintechs, and enterprises. Rain's Twitter Score is 115 out of 1000 (an Excellent rating) as of July 2026, ranking #6,547 (top 5%) among 531,432 tracked accounts.
Rain was co-founded by Farooq Malik as Co-founder and CEO and Charles Yoo-Naut as Co-founder and CTO. The company describes itself as a fintech, not a bank, exchange, or asset custodian, and its infrastructure enables card programs settled in stablecoins across major payment networks. Rain holds principal membership with both Visa and Mastercard, a designation that allows it to issue and settle card programs directly on those networks. Rain also operates as a digital asset network partner with Western Union.
Rain has raised multiple funding rounds from prominent investors. An early round of $24.5 million was led by Norwest, with participation from Galaxy Ventures, Goldcrest Capital, Hard Yaka, Lightspeed, Coinbase Ventures, and others. A $58 million Series B followed, led by Sapphire Ventures, with Dragonfly, Samsung Next, and additional existing investors participating. Rain subsequently raised $250 million in a Series C led by ICONIQ, with Bessemer, FirstMark, and returning backers including Sapphire Ventures, Dragonfly, Galaxy, Lightspeed, and Norwest also participating; that round carried an implied valuation of $1.95 billion. Additional backers include Circle Ventures, Khosla Ventures, and Canonical Crypto, among others. In 2025, Rain acquired Uptop and integrated it into its full-stack card and wallet offering.
Rain has 17,611 followers as of July 2026 on X and has published 864 posts. Rain has been mentioned by 174 accounts a total of 358 times.
Who follows Rain on X?
The accounts that follow Rain include 478 founders, 116 angel investors, 194 influencers and 14 VCs. Among them are Erik Voorhees, Laura Shin, Stani, David Hoffman, Santiago R Santos and Mario Nawfal.