Rain news and trends

Marqeta and Rain Team to Offer Earned Wage Access Debit Cards
Consumer Finance // April 18, 2024

Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card, a branded debit card that lets employers easily disburse earned wagers onto the cards. “Over...

Rain Raises Record $116 Million for Earned Wage Access Platform
Payroll // March 21, 2023

Financial services provider Rain has raised what it says is a record $116 million. Announced Tuesday (March 21), the funding — the most ever for an HR tech firm, Rain said in a news release sent to PYMNTS — will let the company upgrade its...

Tarabut Gateway Teams With Rain to Tap MENA Crypto Market
Cryptocurrency // March 14, 2023

The open banking platform Tarabut Gateway is entering its region’s busy crypto market. The company announced Tuesday (March 14) it had teamed with Rain, the first regulated cryptocurrency asset trading platform in the Middle East/North Africa (MENA) region.  “The partnership is the company’s first collaboration with a crypto asset service...

Interviews & Exclusives
FinTech IPO Index Adds 3% as Oportun Soars on Preliminary Quarterly Results

April 26, 2024
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%. The company this week announced preliminary results that showed expected revenue ranges of $248 million to $250 million in the first quarter, down from $295.5 […]

Quick Reads
Marqeta and Rain Team to Offer Earned Wage Access Debit Cards

April 18, 2024
Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card, a branded debit card that lets employers easily disburse earned wagers onto the cards. “Over 60% of Americans are living paycheck-to-paycheck and seeking ways to take control […]

Rain Raises Record $116 Million for Earned Wage Access Platform

March 21, 2023
Financial services provider Rain has raised what it says is a record $116 million. Announced Tuesday (March 21), the funding — the most ever for an HR tech firm, Rain...

Tarabut Gateway Teams With Rain to Tap MENA Crypto Market

March 14, 2023
The open banking platform Tarabut Gateway is entering its region’s busy crypto market. The company announced Tuesday (March 14) it had teamed with Rain, the first regulated cryptocurrency asset trading platform in the Middle East/North...