28 August 2025

Rain, a stablecoin-backed Visa card issuer, raised a $58M Series B led by Sapphire Ventures, after raising a $24.5M Series A led by Norwest in March (Yueqi Yang/The Information)

Yueqi Yang / The Information:
Rain, a stablecoin-backed Visa card issuer, raised a $58M Series B led by Sapphire Ventures, after raising a $24.5M Series A led by Norwest in March  —  Rain, a stablecoin-backed card issuer that works with Visa, said it raised $58 million in Series B round led by Sapphire Ventures …

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