Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    David Marcus Advocates Bitcoin Adoption Amid Institutional Interest

    Michael Saylor Predicts Bitcoin to Reach $13M by 2045

    Bluebird Mines Gold Revenue for Bitcoin Treasury

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ripple Transfers $498M in XRP to Unknown Wallet

    ETH/BTC Ratio Tests Key 2021 Bull Market Support

    Solana Faces $50M Long Squeeze Amid Rally Speculation

    Solana Long Squeeze Sparks Potential Rally to $300

    Coinbase to Delist Four Crypto Assets in June

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Rain Secures $24.5 Million in Latest Financing Round

Solomon M. by Solomon M.
March 24, 2025
in Latest News
Key Points:

  • Rain’s successful $24.5 million funding led by Norwest Venture Partners.
  • Focus on expanding digital services and geographical reach.
  • Sustaining growth post-previous $110 million Series B round.

rain-secures-24-5-million-in-latest-financing-round
Rain Secures $24.5 Million in Latest Financing Round

Rain, a cryptocurrency card issuer founded by Farooq Malik and Charles Naut, successfully completed a $24.5 million financing round led by Norwest Venture Partners. This follows its significant $110 million Series B funding in January 2022.

Rain’s latest financing highlights investor confidence in cryptocurrency payment solutions and its continuous market expansion efforts. The funds aim to enhance its platform, expand its reach, and improve user experience, reflecting cryptocurrency’s growing role in the financial ecosystem.

Investor Participation and Strategy

Rain’s $24.5 million financing round saw participation from key industry investors. Charles Naut emphasized the company’s strategy of reducing dependencies to innovate its offerings. This followed the substantial $110 million Series B round Rain completed with partners such as Paradigm and Kleiner Perkins.

Rain’s strategic funding will likely influence the cryptocurrency payments sector by enhancing its user base and market dynamics. Rain boasts $1.9 billion in transactions and over 185,000 users. Co-founder Charles Naut stated:

We’ve had to really build a lot of things from scratch, and from the ground up, to be native to what we’re trying to solve and not really take as many pieces off the shelf.

Market Implications

The financing round reflects broader financial and market shifts as Rain enhances its services. Norwest leads the new round, following Rain’s historical Series B success. Industry stakeholders consider this a promising path toward cryptocurrency’s adoption and integration within traditional finance.

Observers suggest Rain’s continued growth might prompt regulatory scrutiny and adaptation to support cryptocurrency integrations. Historical funding trends underscore increasing investor interest in the sector, driven by Rain’s consistent platform improvements and geographical expansion goals.

Previous Post

OKX Lists PARTI for Trading

Next Post

World Network, Visa Consider Stablecoin Wallet Partnership

Solomon M.

Solomon M.

Related Posts

US-China Trade Talks in London May Impact Crypto Markets

by Solomon M.
June 7, 2025

US and China meet in London for trade talks on June 9, potentially affecting cryptocurrency markets.

Crypto ETF Issuers Urge SEC To Reinstate First-To-File Rule

by Solomon M.
June 7, 2025

VanEck, 21Shares, Canary Capital urge SEC to return to first-to-file rule for ETF approvals.

Crypto ETF Issuers Request SEC’s First-To-File Rule Reinstatement

by Solomon M.
June 7, 2025

VanEck and others urge SEC to restore first-to-file rule for crypto ETFs.

Crypto ETF Issuers Urge SEC for First-to-File Rule

by Solomon M.
June 7, 2025

VanEck, Canary, and 21Shares push SEC to restore first-to-file rule for ETF approvals.

ETF Issuers Urge SEC for First-To-File Reinstatement

by Solomon M.
June 7, 2025

Crypto ETF issuers VanEck, Canary, 21Shares request SEC elevate first-to-file rule.

VanEck and Partners Challenge SEC on ETF Approval Process

by Solomon M.
June 7, 2025

VanEck, 21Shares, and Canary Capital urge SEC to return to first-to-file ETF rule.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.