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 135 out of 1000 (an Excellent rating) as of September 2026, ranking #4,452 (top 1%) among 486,860 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 19,699 followers as of September 2026 on X and has published 997 posts. Rain has been mentioned by 310 accounts a total of 615 times.
Who follows Rain on X?
The accounts that follow Rain include 584 founders, 147 angel investors, 195 influencers and 12 VCs. Among them are Erik Voorhees, Laura Shin, Stani, David Hoffman, Santiago R Santos and Tarun Chitra.