Rain has raised 250 million USD in its latest funding round, bringing its post-money valuation to 1.95 billion USD. This investment, led by ICONIQ and supported by key investors, marks a significant milestone for the stablecoin payment company.
The funds will be allocated to expand operations across North America, Europe, and Asia. Rain plans to integrate with US ACH and European SEPA systems, enhancing its services offered to users in over 150 countries.
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