What if you could access credit based on your crypto and use it instantly, anywhere Visa is accepted? That’s the powerful combination behind Exa App and Rain. Together, we're enabling users to keep their assets onchain while using borrowed funds for real-world purchases.

Exa App is more than just another crypto wallet. It’s a seamless interface to the Exactly Protocol, a fixed-rate lending protocol that lets users access stablecoin loans using their crypto as collateral. In simple terms: you can lock up your ETH, receive credit in USDC, and use that USDC via a Rain-issued virtual card—all without selling your original assets.

This means Exa users can split big purchases into six or seven fixed-rate installments, all while keeping their crypto positions intact.

When the Exa team set out to bring this vision to life, they needed a card issuer that could meet some serious demands: global Visa coverage, instant USDC-to-dollar swaps, and a developer-friendly API to integrate seamlessly with onchain logic. Rain checked every box.

As a Visa Principal Member and the most experienced issuer of stablecoin-linked card programs, Rain offered Exa the speed, flexibility, and stability it needed to get to market quickly without compromising on compliance or user experience. 

Since launching with Rain three months ago, Exa App has seen over $1 million in card transactions and more than $1.5 million in deposits on the Protocol. With around 2,000 users averaging $80 per transaction, the card is already a hit among power users, especially those using it to book travel or pay for big-ticket items in installments.

For example, cardholders are booking Airbnbs or expensive flights from Argentina to Europe on their Rain-issued Visa cards and paying for those in installments thanks to fixed-rate credit provided by the Exactly Protocol.

In addition to the credit offered by the Exactly Protocol, the Exa App is unique for its sophisticated functionality through an intuitive interface. From passkey-based login where your phone’s Face ID is your private key, to nearly instant card approvals, the app is designed to feel like a familiar Web2 fintech product. Yet under the hood, it's all DeFi. As founder Gabriel Gruber explains, "You don’t even know you’re using DeFi, and that’s by design."

It’s the next evolution of decentralized finance: practical, accessible, and built for everyday use. And Rain is proud to power the infrastructure that makes it possible.

Integration enables compliant, stablecoin-based payroll and expands the capability for earned wage access and global card spending

Rain, the global card issuing and payments platform built for stablecoins, today announced a partnership with Toku, a leader in compliant token and stablecoin compensation, to launch the first real-time, compliant stablecoin payroll system for global teams.

The integration enables employers to fund and settle payroll instantly in stablecoins—compliantly and at scale—across more than 100 jurisdictions. Rain’s programmable payment rails connect directly to Toku’s employment and tax compliance infrastructure, streamlining payroll operations for modern, distributed workforces.

“Payroll has remained one of the last major financial flows stuck in outdated systems,” said Farooq Malik, CEO and Co-founder of Rain. “By combining Rain’s onchain infrastructure with Toku’s compliance expertise, we’re bringing the benefits of stablecoins to the most important payment of all: your paycheck.”

This integrated solution offers:

• Compliant, cross-border payroll: Toku calculates net pay, manages tax withholding, and ensures labor law compliance in 100+ jurisdictions—supporting payouts in stablecoins like USDG, USDC, and RLUSD, using platforms employers already trust (e.g., ADP, Workday, Gusto).
• Real-time, onchain settlement: Rain’s infrastructure eliminates legacy bottlenecks by routing funds directly to wallets, custodians, or digital asset accounts, which reduces friction, delays, and costs.
• Earned wage access with global utility: Paychecks settle directly to worker-controlled wallets with full transparency and speed, supporting earned wage access and real world usage via Rain-issued cards accepted at over 150 million merchants worldwide.

“Fiat payroll still moves on rails built in the 1970s. Stablecoin payroll has the ability to unleash a fundamental restructuring of corporate cash management,” said Ken O’Friel, CEO and Co-founder of Toku. “We’re excited to be working with Rain and making stablecoin payroll not just possible, but seamless, scalable, and compliant by default.”

This collaboration comes as stablecoins gain regulatory momentum—bolstered by the GENIUS Act—and as more enterprises seek to integrate digital asset infrastructure into their core financial operations. Together, Rain and Toku are delivering the technology, compliance, and reach required to modernize payroll for a global workforce.

Read original press release here: https://www.prnewswire.com/news-releases/rain-and-toku-partner-to-launch-real-time-stablecoin-payroll-infrastructure-302491648.html

When ether.fi tapped Rain to launch Cash, a non-custodial, cash-back credit card program for crypto users, they had the vision of making digital assets easy to use in daily life. Just a few weeks later, that vision became reality, with ether.fi’s program surpassing $1 million in transaction volume. We sat down with ether.fi CEO and founder, Mike Silagadze, to unpack how they achieved such fast traction, and what other partners can learn from their approach.

Note: Interview has been lightly edited for clarity.

For those who may not be familiar, tell us a bit about ether.fi and your broader mission?

Mike Silagadze: ether.fi is building what we call a DeFi bank. So, it is not a traditional bank, but it is a full end-to-end alternative to traditional banking for normal people.

The idea is that you should be able to save your money, be able to deploy that money, invest it in DeFi, and then be able to actually spend that money in real life using our card program.

By offering these services in a way that is non-custodial, in other words, crypto-native, we create a product that really allows people to fully get off of traditional finance and embrace DeFi and all the benefits that it offers.

What was the motivation behind launching a card program?

Mike: We launched a card program because it really is an integral component to giving people an alternative to traditional finance. You could think of it as the last mile of TradFi rails.

A typical crypto user usually starts doing some things within DeFi, hopefully the value goes up and they do well. And then they have to figure out how to off-ramp that money. Maybe they send it to an exchange, sell it for fiat, then transfer it to maybe a custodian, then finally it makes its way to their traditional bank account. Then maybe they can use a card or however they want to spend that money.

It's a process that is cumbersome. It takes a day, multiple days sometimes. It can cost tens or hundreds of dollars depending on a bunch of different factors.

So having a direct, easily integrated card right into your DeFi account—your non-custodial account—lets you actually use your crypto day-to-day in real life.

Why did you choose Rain as your card program partner?

Mike: We chose Rain to power our card program for number of different factors:

1. Ability to launch & scale quickly: Rain was super responsive and willing to work fast—at the pace of our startup. Without naming any other folks that we looked at, the timelines that we got were somewhere on the order of three to six months to get a new card program up and running. Whereas with Rain, we were able to get up and running in a matter of weeks. That was incredibly important.

2. Proactive customer support: The Rain team was accessible. We were able to talk to everybody all the way up to the founders. It was great to have that level of customer care and communication.

3. Flexible, modern API infrastructure: Rain’s API and actual product was great. And the deal terms were really favorable.

4. Stablecoin-powered solution: Finally, it's worth mentioning that being able to settle in stablecoins was huge for us. This program is specifically designed for users that have assets onchain, and so not having to deal with the fiat off-ramp in order to be able to settle the accounts was really valuable.

What did you do to make the launch so successful?

Mike: There were a number of things that we had to do in order to have a successful launch and just get the card out there:

1. Use earned media to get the word out: As a starting point ether.fi had an unfair advantage because we have previously launched a number of other products. We had our staking product, and then we had our liquid product with the DeFi strategy vaults. And those products all had hundreds of thousands of customers and pretty well-regarded brands in the crypto and DeFi space. So, that just gave us a leg up. As a result, we were actually able to get a ton of earned media. We got coverage in pretty much every major crypto media publication with respect to the launch. And we got on a number of really solid podcasts. 

2. Tap into influential investors and advisors: We also had a couple of our investors, including folks like Arthur Hayes, talk about the card that we launched. So, a lot of our strategy focused on this kind of organic go-to-market, which ended up being very successful.

3. Offer sign-up incentives: Shortly after the initial release, we launched an incentive program where we allocated some number of ETHFI—our governance token—to incentivize getting people signed up early. 

4. Encourage spend with perks and rewards: Very shortly, we're going to be rolling out an integration that was just announced around travel bookings. So you'll be able to—as part of the ether.fi DeFi Bank offering—log in, book your hotel and eventually flights, get 5% cashback on all of it, in addition to getting prices that are just wildly good. It's almost hard to believe it. Then today actually, we're rolling out a referral program for our users where you'll be able to refer a friend and get cashback on all of their spending.

As stablecoins approach a $250 billion market cap, their role in everyday financial activity is becoming more significant. Spritz saw an opportunity to make their members’ digital assets more usable in daily life by creating a card experience that meets the expectations of crypto-native users—instantly accessible, flexible, and easy to use. To bring this vision to life, they needed secure, compliant, and scalable infrastructure that could support global transactions, wallet connectivity, and seamless real-time access to crypto balances.

The solution

Spritz partnered with Rain to launch the Spritz Card, a Visa Signature card that brings a frictionless crypto-usage experience directly to users' wallets. Leveraging Rain’s robust and security-first payment infrastructure, the Spritz Card enables users to fund their virtual cards instantly, with no staking, lockups, or delays.

Key features include:

• Instant Wallet-to-Card Funding: Users can instantly collateralize their Spritz Card from thousands of supported crypto assets, directly from their personal wallets.
  
  
• Global Spending with Visa Signature: The Spritz Card can be used globally at any merchant accepting Visa, available online, in-store via Apple Pay and Google Pay, and soon at ATMs.
  
  
• Multi-chain Compatibility: Rain’s infrastructure powers transactions seamlessly across multiple blockchains.
  
  
• Security-First Design: Integrated 3D Secure protection ensures safe transactions, backed by Rain’s compliance and security protocols.
  
  
• Visa Signature Benefits: Users enjoy premium benefits like lounge access, concierge services, extended warranties, and more.
  

The results

The collaboration between Spritz and Rain sets a new standard for crypto-native card products, blending crypto and traditional finance with ease:

• Frictionless User Experience: Users enjoy immediate access to their crypto funds for real-world usage, eliminating traditional pain points like staking requirements, locked funds, and delays.
  
  
• Mainstream Crypto Usability: The Spritz Card demonstrates real-world utility for stablecoins and other crypto assets, enabling everyday transactions and subscriptions with familiar payment methods.
  
  
• Positioned for Mass Adoption: By leveraging Rain’s scalable and secure infrastructure, Spritz is positioned for rapid growth, seamlessly handling increased user adoption and transaction volumes.
  
  
• Enhanced Consumer Trust: Spritz offers a truly crypto-native usage solution without sacrificing security or convenience, enhancing trust among crypto consumers and mainstream adopters alike.
  

“Partnering with Rain enabled us to rethink the crypto card experience, eliminating friction and prioritizing instant access and usability. Together, we've created a product that meets the needs of crypto users and truly brings stablecoins into everyday life.” – Chris Sheehan, CEO of Spritz

Conclusion

Powered by Rain’s compliant, secure, and scalable spend infrastructure, Spritz has successfully launched a next-generation crypto card solution that delivers true liquidity, convenience, and global usability for crypto-native consumers. This partnership marks a leap forward in mainstream crypto adoption, demonstrating the practical, everyday value of stablecoins and multi-chain crypto spending.

New integrations expand Rain’s multi-chain support, enabling partners to easily launch stablecoin-powered card programs across even more blockchains simultaneously

Rain, the global card issuing platform powered by stablecoins, today announced native support for Solana and Stellar, expanding its mission to build modern financial infrastructure that is more accessible, programmable, and global. With these integrations, Rain enables partners built on top of Solana’s high-throughput infrastructure, and Stellar’s remittance-oriented network to quickly launch compliant card programs and bring stablecoin utility to real-world payments, including consumer and B2B spending, cross-border disbursements, and platform payouts.

Rain is the only Visa Principal Member that allows partners to deploy and manage programs across multiple blockchains simultaneously. This capability is available out of the box, supporting both custodial and non-custodial wallets. It dramatically simplifies how exchanges, fintechs, neobanks, and platforms issue cards that work globally—instantly enabling stablecoins to be used at over 150 million merchants that accept Visa.

“Quickly developing solutions that meet our partners’ needs is all part of Rain’s commitment to building financial infrastructure that is more global, open, and efficient,” said Charles Yoo-Naut, CTO and Co-founder of Rain. “By offering native support for Solana and Stellar, we’re introducing our solution to even more ecosystems, allowing partners to build scalable, stablecoin-powered card programs that make payments better for everyone.”

One example is KAST, a neobank app built on Solana that works with Rain to offer branded cards that let users spend stablecoins natively from their wallets. With its fast, low-cost architecture, Solana allows KAST to build seamless, real-time payment experiences for its growing user base across global markets.

These new integrations come in response to rising demand from platforms seeking to enable seamless stablecoin-linked spending and expand card access across ecosystems. Rain already supports Arbitrum, Optimism, and Polygon, and this expansion reinforces Rain’s leadership in offering multi-chain, stablecoin-native card infrastructure.

Rain recently raised a $24.5 million Series A round in March. Today’s announcement marks another step in Rain’s rapid growth and commitment to deploying capital to support new partners, scale its global footprint, and meet the accelerating demand for programmable payments worldwide.

Read original press release here: https://www.prnewswire.com/news-releases/rain-expands-support-to-solana-tron-and-stellar-enabling-more-partners-to-launch-stablecoin-powered-card-programs-302467576.html

‍Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.

Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.

7 day stablecoin settlement

Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.  

Tokenized credit card receivables

Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.

Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners - borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.

"By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility," said Farooq Malik, CEO & Co-founder of Rain.

"Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”

This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.

Visa Principal Membership‍

A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.

Traditional business banking infrastructure is slow to adapt to the needs of digital-first companies. For startups and enterprises operating in the digital asset economy, challenges like complex fund flows, limited on and off ramps, and inflexible spend controls hinder efficiency and growth. Dakota, a modern banking platform for businesses, saw an opportunity to solve this by combining the best of traditional finance with stablecoin products, including corporate cards. However, to deliver on this vision, they needed a compliant, secure, and scalable infrastructure partner.

The solution

Dakota partnered with Rain to launch a B2B corporate card program, powered by preloaded balances using their own stablecoin and issued through Rain’s robust spend infrastructure. Dakota enables businesses to unlock seamless expense management and faster access to capital. Key features of the partnership include:

• Stablecoin-Powered Corporate Cards: Businesses can issue physical or virtual cards to their teams, with full control over spend policies and permissions.
• Custody and Flow of Funds: Rain provides a compliant foundation while Dakota focuses on delivering an exceptional user experience.
• Built on Base: Transactions settle on Base, optimizing for speed and cost while integrating with the broader onchain economy.
• Branded: Dakota uses a fully customized version of Rain Spend, reflecting their brand and mission of building modern banking tools for the digital age.
• Scalable B2B Infrastructure: With Rain, Dakota has the backend infrastructure to serve an expanding base of global businesses.

The results

The Dakota and Rain collaboration is helping redefine what business banking looks like in a modern world:

• Simplified expense management: Businesses using Dakota enjoy faster, easier access to working capital with cards that fit seamlessly into modern workflows.
• Stablecoin utility in action: The Rain-powered card product demonstrates a tangible use case for stablecoins in everyday operations, offering speed, security, and predictability.
• Positioned for scale: With Rain handling the core infrastructure, Dakota can focus on acquiring new business customers and scaling up quickly without the burden of managing complex compliance or payment systems.
• Advancing the mission: Dakota is delivering on its promise to offer banking for the digital age – safe, fast, global, and crypto-native – starting with a better way to spend.

“Partnering with Rain enabled us to move fast and bring a card product to market for businesses. Their infrastructure handles the complexities so we can focus on building the future of banking.” – Ryan Bozarth, CEO of Dakota

Conclusion

With Rain’s modern card issuance and spend infrastructure, Dakota is proving how stablecoins can power the next wave of financial tools for businesses. The partnership sets the stage for a broader shift to digital-first banking, helping companies operate with more speed, clarity, and control in a globalized economy.

Rain, the global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the round included Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also participated. Rain also announced its principal membership with Visa, partnering with the network to build their issuance footprint in Europe while expanding their current issuance across the U.S. and Latin America. 

With its vertically integrated issuing stack and Visa principal membership, Rain is able to sponsor and operate card programs in many countries across the globe with transactions settling in stablecoins. Rain has grown more than 15x in the last twelve months, with transactions processed in over 100 countries.

“We have been serving large global businesses with our flexible issuing and stablecoin orchestration stack for the last several years. This new funding allows us to increase interoperability with existing rails, expand our footprint, and invest in our stablecoin authorization and settlement infrastructure that continues to unlock growth for our partners,” said Farooq Malik, CEO and co-founder of Rain.”

Rain has built the infrastructure for stablecoin interoperability across fiat rails, enabling businesses to issue B2B and consumer cards, with both physical and virtual options, linked directly to self-custody wallets, custodial solutions, or traditional fiat accounts. Card users don’t need to convert their crypto to pay with government-issued currency. Instead, Rain operates an omni-chain stack powering native settlement on multiple blockchain networks, including Base, Polygon, Optimism, Avalanche, Arbitrum, ZKsync, and Solana, to process stablecoin and floating-rate token settlement on a daily basis. 

As a Visa Principal Member, Rain enables partners with issuing on the Visa network. As a stablecoin native enabler on the Visa network, Rain clients can develop and operate new types of programs without dependencies on fiat payment rails. 

“Stablecoin adoption is accelerating as regulators have shown support and use cases have proliferated, and Rain is at the forefront of this paradigm shift,” said Parker Barrile, Partner at Norwest Venture Partners. “Rain’s card issuing platform combines fiat-grade compliance with the speed and flexibility of digital currency, and their traction with major financial institutions underscores their credibility, momentum, and market leadership.”

In recent years, LATAM has emerged as a vibrant hub for digital finance, with stablecoins playing a pivotal role in this transformation. Rain is committed to this evolution by enabling partners to onboard 600M+ people in LATAM with a single API connection, empowering businesses and individuals to utilize and spend stablecoins more effectively and seamlessly.

The rise of stablecoins in LATAM

Stablecoins, digital assets pegged to stable reserves like the US dollar, have gained significant traction in the region. This surge is largely driven by economic challenges such as hyperinflation and currency volatility, prompting individuals and businesses to seek refuge in more stable financial instruments. According to Chainalysis, LATAM received nearly $415 billion in cryptocurrency between July 2023 and June 2024, accounting for 9.1% of global crypto activity.

Rain's role in enhancing digital asset utility

Rain bridges the gap between digital assets and traditional financial systems by offering seamless conversion of stablecoins into local currencies, addressing challenges like high transaction fees and slow processing times. As an issuer with the Visa network, Rain enables the deployment of tailored card programs, allowing users to spend digital assets at over 100 million merchants worldwide. This integration enhances the utility of digital assets, making them more accessible for everyday transactions.

Real-world applications and partnerships

Rain’s commitment to the region is demonstrated through strategic collaborations and practical applications:

• Takenos – Cross-border payments: Takenos is revolutionizing cross-border payments for individuals in LATAM, where accessing international earnings remains a challenge due to currency controls and high remittance fees. Through its partnership with Rain, Takenos launched TakeCard, a crypto-funded payment card that enables freelancers to receive payments in stablecoins, make international purchases, and withdraw funds in local currencies without conversion fees.
• Cadana – Financial access for emerging market workers: Cadana provides a secure and flexible payroll solution for remote workers and businesses in LATAM operating across borders. Through its partnership with Rain, Cadana has launched a virtual USD card program, allowing users to receive payments, transact online, and seamlessly participate in the global economy.
• Qash – US dollar stability to Latin America: Qash is democratizing access to the U.S. banking system, starting in Colombia. Built on blockchain and stablecoin technology, Qash provides Latin Americans with a seamless way to save, spend, and invest in digital dollars. Through its partnership with Rain and Visa, Qash has introduced the first blockchain-based Visa credit card in Colombia and the broader Andean region, allowing users to spend USDC stablecoins at retail locations in over 180 countries.
• Avalanche Card – Bridging crypto and traditional payments: In partnership with the Avalanche Foundation, Rain introduced the Avalanche Card, enabling users to spend cryptocurrencies like USDC, USDT, AVAX, and wAVAX anywhere Visa is accepted. This initiative enhances the real-world utility of digital assets, providing users in LATAM with flexibility and convenience in their financial transactions.
• Meru – Global financial tools: For freelancers, content creators, and remote workers in LATAM, managing international payments can be complex and costly. Meru simplifies this by providing a self-custodied USD account that enables users to receive salaries, withdraw earnings from platforms, and send payments to U.S. and European accounts. Through its partnership with Rain, Meru offers a Visa card that allows users to seamlessly spend their digital dollars online and in-person, bridging the gap between stablecoin earnings and everyday financial needs.

Through these strategic partnerships, Rain is actively contributing to the widespread adoption and practical application of stablecoins in LATAM, fostering a more inclusive and resilient financial ecosystem.

The path forward

As digital asset adoption continues to rise in LATAM, Rain remains dedicated to supporting this financial evolution. By providing robust infrastructure and forming strategic partnerships, Rain aims to empower individuals and businesses to navigate the digital economy with confidence and ease.

Through these efforts, Rain envisions a future where financial systems are more inclusive, efficient, and resilient, driven by the transformative power of digital assets and blockchain technology.

The digital era has revolutionized how we work, shop, and manage our finances, with cross-border transactions becoming a key part of global connectivity. However, for many individuals in Latin America, accessing seamless international payment solutions remains a challenge. That’s where Takenos and Rain come in. Together, they are empowering users with TakeCard—a versatile solution designed for cross-border transactions.

A partnership for cross-border financial freedom

Takenos, the Argentine platform founded in 2022, has rapidly gained popularity across Latin America, including in Argentina, Uruguay, and Mexico. Known for simplifying international payment processes, Takenos enables users to manage their global finances effectively. From opening virtual accounts in the U.S. to handling withdrawals in local currencies, dollars, and cryptocurrencies, Takenos has built a reputation for offering reliable, secure, and efficient payment solutions.

Rain, the innovative leader in digital asset authorization and settlement, has partnered with Takenos as the issuer of TakeCard. Together, the two companies have launched a card program tailored to the needs of cross-border users. The TakeCard allows individuals to fund their accounts with cryptocurrencies, receive payments in dollars, make international purchases, and manage subscriptions to popular services like Netflix and Spotify, all without the hassle of currency conversion fees.

The impact of TakeCard

Latin Americans often face hurdles when trying to access or utilize their earnings and funds for international transactions. The TakeCard eliminates these challenges by providing a seamless solution for managing global finances. Users can fund their accounts with crypto, book travel, subscribe to digital platforms, and withdraw funds directly in their preferred currencies.

The partnership’s goal is to address a growing need in the market. According to the Ministry of Economy, more than 500,000 Argentinians are exporting their work abroad, with the U.S. and Europe as key markets. Takenos’ user base has already surpassed 10,000 registered users, and the launch of TakeCard will undoubtedly accelerate this growth.

“Our mission has always been to empower individuals by providing them with the tools they need to thrive internationally. Partnering with Rain allows us to extend our vision and give users the financial freedom they deserve. TakeCard is a solution to a persistent problem in the region,” says Lucas Posada, Co-founder of Takenos.

At Rain, trust and security are foundational to everything we do. Today, we're proud to announce that we've successfully attained compliance with the SOC 2 Framework, a milestone that shows our commitment to safeguarding customer data and maintaining the highest standards of operational integrity. This achievement reflects our dedication to delivering secure, reliable, and compliant solutions for our clients and partners.

Achieving SOC 2 Compliance represents rigorous adherence to a framework designed to ensure organizations securely manage data and systems, providing peace of mind to customers and stakeholders alike.

For Rain, this accomplishment is a validation of the principles that drive our business and our promise to keep security at the forefront. For our partners, this certification means working with a partner that prioritizes data protection, mitigates risks, and adheres to best practices.

Through a meticulous auditing process conducted by Insight Assurance, we validated our compliance with the requirements of SOC 2. This process involved a thorough review of our policies, procedures, and technical systems to ensure they met the highest standards of security, availability, and confidentiality.

Our compliance journey doesn’t end here. Security and trust are ongoing commitments, and we’ll continue to build on this foundation by staying ahead of emerging risks and evolving regulatory requirements. Rain remains dedicated to delivering secure, innovative solutions that empower businesses and individuals while ensuring their data is protected.

Rain has teamed up with Avalanche to launch the Avalanche Card, designed to bring the benefits of digital assets to real-world spending, wherever Visa is accepted. The waitlist opens up in late January, giving people their first opportunity to experience the benefits of the Avalanche Card.

Crypto meets everyday spending

The Avalanche Card introduces a new era of flexibility for crypto holders, allowing them to effortlessly spend their digital assets—including USDC, USDT, WAVAX, and sAVAX—on everyday expenses or larger purchases. By eliminating the need to cash out or navigate multiple conversions, the card provides a seamless way to use crypto in the real world. Users can enjoy direct access to US dollars through stablecoins or conveniently tap into their AVAX holdings, making spending digital assets simpler than ever.

By enabling a broader reach for crypto, especially in regions where access to the US dollar is limited, the Avalanche Card could help individuals in Latin America and the Caribbean manage their finances with greater flexibility.

Control over your own assets

At the heart of the Avalanche Card is a commitment to security and self-custody. Users hold full control over their funds, with a self-custody wallet that assigns unique addresses for each supported asset, ensuring that assets remain securely stored and completely under your own management. This level of control is a standout feature, allowing users to spend confidently without compromising on security or control.

Spending freedom anywhere Visa is accepted

With the power of Visa’s global network, the Avalanche Card lets users tap into their crypto assets wherever Visa is accepted. From buying groceries and booking travel to online shopping, the card transforms digital assets into usable funds that fit into daily life. Designed to be as versatile as any other payment card, it bridges the gap between crypto and traditional finance, making it easy to spend crypto without extra steps.

The future of spending crypto is here

The Avalanche Card is an important step toward making crypto a part of daily life, especially in regions where financial options are limited. It offers users access to stable, secure spending, plus the freedom to spend AVAX native assets directly. Available first across countries in Latin America and the Caribbean, the Avalanche Card expands financial access and provides users with control over their digital assets.

This card is just part of Rain’s mission to make digital assets as usable as any traditional currency. Sign up for the Avalanche Card today: https://www.avalanchecard.com/.

CompoSecure’s strategic investment in Rain advances payment innovation by enabling digital asset utility for everyday transactions.

At Rain, we’re proud to partner with industry leaders to bring innovations to digital payments and financial technology. One such collaboration is with Arculus by CompoSecure. Together, we’re working to advance the adoption and utility of digital assets in everyday transactions.

Earlier this year, CompoSecure announced its new Arculus Web3 payment capabilities, enabling seamless payments with stablecoins and digital currencies at traditional point-of-sale (PoS) terminals. Consumers can securely self-custody their digital assets and spend them with the ease of a simple tap-to-pay. This technology eliminates the challenges of off-ramping to fiat currencies, allowing merchants to accept payments directly in digital assets or through traditional payment rails with automatic fiat conversion.

The partnership has played a key role in accelerating the development and reach of these innovations. Earlier this year, Rain began working closely with CompoSecure, integrating its metal cards into our enterprise solutions. This collaboration has allowed us to offer a more premium card product to clients and leverage the extensive Arculus product suite.

Further, CompoSecure made a strategic investment in Rain, underscoring the focus to bridge the gap between traditional and blockchain-based financial systems. “Our partnership with Rain is a testament to the growing need for secure, innovative solutions that seamlessly integrate digital assets into everyday transactions,” said Adam Lowe, Chief Product and Innovation Officer at CompoSecure.

As both companies continue to push the boundaries of what’s possible in digital payments, we invite you to explore how our partnership can benefit your business. Whether you’re an enterprise seeking cutting-edge payment solutions or a stakeholder in the evolving Web3 landscape, the possibilities are limitless.

MPCVault and Rain are excited to announce their partnership to launch the MPCVault Card, a payment solution enabling businesses to spend USDC directly anywhere Visa is accepted. This partnership brings together MPCVault's state-of-the-art non-custodial wallet technology and Rain’s innovative digital payment infrastructure to pay for real world services with crypto.

The MPCVault Card provides businesses with a seamless way to transact in fiat currency without the need for traditional off-ramping processes. With its Visa-enabled functionality, companies can spend their USDC holdings effortlessly for online and in-store purchases. The card is also equipped with advanced multi-user corporate features, including customizable templates and unique spending limits for each user, making it a powerful tool for managing team finances.

"We at MPCVault are thrilled to partner with Rain to launch the MPCVault Card, enabling businesses to directly spend USDC anywhere through Visa. Companies worldwide can all apply for MPCVault Card and start spending crypto now,” adds Julie Liu, COO.

This partnership leverages MPCVault’s industry-leading multiparty computation technologies to ensure unparalleled security and reliability for managing digital assets. With over 1,000 companies relying on MPCVault to process $1.5 billion onchain every week, the platform has become a trusted name in onchain asset management – serving exchanges, venture capitals, hedge funds, and trading desks globally.

This private launch marks the beginning of a broader rollout, as MPCVault plans to expand the solution to more businesses and furthering the adoption of stablecoins in global payments. For more information and to apply, visit https://docs.mpcvault.com/product/how-to-use-an-mpcvault-card/.

Businesses in LATAM can now use stablecoins to make faster cross-border B2B payments and settlements through Nuvei’s partnership with Rain, BitGo, and Visa

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, today announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms, BitGo, the leading digital asset custodian and wallet solutions provider, and Visa, Nuvei is enabling businesses to utilize stablecoins – including USD Coin (USDC) – for faster global settlement and reduced reliance on traditional payments rails.

By collaborating with Rain, BitGo, and Visa, Nuvei delivers a seamless and secure blockchain payment experience that empowers LATAM merchants to use their physical or virtual card supported by Visa to make payments using stablecoins from a digital asset wallet anywhere Visa is accepted. The solution benefits from Visa’s wide acceptance and simplifies corporate treasury management, offering faster cross-border transactions, secure digital asset custody, reduced currency complexity, and improved operational liquidity.

"Nuvei empowers businesses to connect more deeply with their customers through innovative payments solutions," commented Nuvei Chair and CEO Philip Fayer. "By integrating stablecoin technology into our payment platform for B2B settlement we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach."

Rain Co-founder and CEO Farooq Malik added: “Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and stablecoin payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in Latin America.”

Luis Ayala, Director at BitGo, commented: “As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in Latin America leverage stablecoin technology with confidence and operational efficiency.”

This comprehensive blockchain-based payments offering sets a new standard for payment solutions in Latin America, demonstrating Nuvei's commitment to deepening its footprint in a region with rapid eCommerce growth. Year-to-date, Nuvei’s expansion of services in LATAM include being the first global payments service provider to offer direct local acquiring in Colombia, implementing local acquiring services in Mexico, and acquiring a Payment Institution license in Brazil.

Read original press release here: https://www.nuvei.com/posts/nuvei-launches-comprehensive-blockchain-payment-solution

Add your Rain card to your iPhone, Apple Watch, iPad or Mac and make quick, easy and contactless payments. You can use Apple Pay for in-app purchases and on the web too. It’s a safe and secure way to pay.

Features & benefits

Apple Pay take the hassle out of paying for goods or services, allowing you to make quick, easy and contactless payments by holding your device near a card reader. You can also pay for goods and services in apps or online using your Apple Pay.

• No need to have your physical card, wallet or bag on you to make payments when you’re out and about. You just need the Apple devices you use every day.
• It keeps you from having to touch physical buttons or exchange cash when you’re out getting what you need.
• You can store your Rain cards in Apple Wallet
• You can use Apple Pay to pay for goods and services online. No need to remember or find your card details, or share these with merchants.
• There is no upper limit, so you are not restricted to the current contactless payment limit (transactions over $50 may not be supported by some merchant terminals).
• If you lose your card you can still use your device for payment. Your credit card details will be automatically updated once you report your card as lost or stolen and your card will be updated in 2 business days. You will not be able to use your card on Apple Pay until it has been updated.
• You can use Apple Pay wherever you see the Apple Pay logo, or contactless payment symbol

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Frequently asked questions:

How do I set up Apple Pay?

‍Apple Pay lets you use your Apple device to pay with your Raincards wherever you see the Apple Pay or contactless logo. You can use Apple Pay for in-app purchases and on the web too. It’s a safe and secure way to pay.

1. Simply open the Apple Wallet app, tap + to add your card.
2. When prompted, enter the card details or capture an image of your Rain card.
3. You’ll be asked to enter a verification code, and once this has been authenticated, you’re good to go!

Where can I use Apple Pay?

In Shops

Hundreds of thousands of stores now accept Apple Pay. You can use Apple Pay anywhere that accepts contactless payments. You can make payments for any amount with Apple Pay, though some retailers may not support Apple Pay transactions above €50.

Look for either of these symbols at checkout.

In-app purchases

Many apps now accept Apple Pay, so you don’t have to enter your card details to make in-app purchases. Simply select Apple Pay at the checkout and use Touch ID or Face ID to complete your payment.

On the web

Apple Pay is also available on the web in Safari. Whether you’re shopping or donating on your iPhone, Apple Watch, iPad or Mac, use Apple Pay without having to create an account or log in.

Touch ID is also available on the new MacBook Pro, so paying happens with just a touch and is quicker, easier and more secure than ever before!

Rain, the blockchain-based card issuing platform, is thrilled to announce its partnership with Huma Finance is expanding to Celo, the emerging Ethereum Layer-2 and mobile-first blockchain network built for the real world and designed for fast, low-cost payments worldwide. 

The core collaboration remains strong: Rain remains as the borrower, leveraging Huma's robust liquidity infrastructure to empower teams. But leveraging Celo’s mobile-first, carbon-negative infrastructure unlocks new, significant benefits for users.

Embrace planet-positive, low-cost transactions:

Since its mainnet launch on Earth Day 2020, projects building on Celo have benefitted from unique advantages including 1-block finality, fast transaction times, and the ability to send money to a phone number, email address, or other social identifier via SocialConnect. Coupled with Celo's Ultragreen Money tokenomics which allocates 20% of each transaction fee to a carbon-offsetting fund, this ensures that your financial transactions contribute to a greener future.

Huma: the liquidity powerhouse 

Huma Finance plays a pivotal role in this ecosystem. Their expertise in USDC-based settlements provides Rain with the essential liquidity it needs to operate seamlessly. This, in turn, allows Rain to extend that liquidity, fostering innovation and growth across the entire blockchain landscape.

A dream team

Rain is taking Web3 finance to new heights by expanding its partnership with Huma and embracing the innovative Celo blockchain. With effortless fiat transactions, a wider range of stablecoin options, and a commitment to sustainability, Rain is empowering Web3 teams to thrive in an evolving digital landscape.

Why would I use Rain over other corporate cards?

If you find outdated infrastructure is holding back traditional fintech products that make it difficult to access funds, you need a credit card designed specifically for crypto native teams. Here, we explain why Rain’s cutting-edge technology and on-chain infrastructure help resolve common issues, allowing you to spend faster than you receive a 2FA text message from a centralized exchange.

What is Rain?

Rain is a corporate card built for crypto-native teams redefining modern finance. It offers the fastest, most direct payment method connecting Web3 companies with vendors. This card also eliminates fees, offering instant spending so vendors receive fiat, avoiding the regulatory risks of accepting crypto. It is the best solution for companies looking for a corporate spend management platform as it is customized for DAOs, protocols, networks, and projects in the Web3 space. 

As a result, it seamlessly accommodates the unique governance and operation models of Web3 teams yet never compromises fiat interoperability at the merchant level. Rain is helping to empower the expansion of the digital money ecosystem worldwide and is available on Ethereum and Polygon mainnet with plans to expand.

Who should use Rain?

Because of Rain’s revolutionary design, it is the ideal spend management platform for Web3 teams. If you rely on fiat ecosystems to operate, it is available for teams using self-custody, institutional custody, and everything in between, with seamless access to essential business tools. It can also support international organizations.

Why is Rain better than other corporate cards?

Rain accesses real-world spending with your on-chain assets and is the only solution that does not require a centralized exchange, OTC Desk, or a bank account for use. All existing providers either convert assets into fiat for you to spend or need a bank account with a cash balance to access a credit line. Rain, on the other hand, is the only corporate card allowing you to cover your business expenses using your on-chain assets. 

You can also easily streamline your finances with accounting software integrations for Quickbooks™ and Entendre™ leveraging over $750,000 in discounts from the top companies across Web3 and Web2, including:

• Quickbooks
• Zoom
• Alchemy
• Google
• Slack
• Airtable
• Notion

Is Rain a credit or debit card?

Rain provides native credit and repayment support for stablecoins like USDC and is on Ethereum and Polygon mainnet. Because it operates on the credit rails, it acts as a credit card, allowing you to use it for business expenses like reserving rental cars, booking flights and accommodations, and purchasing from other vendors, something you can’t do with many competing debit cards. 

You have a credit limit set against the value of your on-chain assets, such as USDC, allowing you to plan your monthly spending. A significant difference is that your funds aren't debited from your account after each transaction like a debit card and instead are payable at the end of each month.

Why is Rrain the better corporate card for teams?

Simply put, you set the limits for your team and their cards to help control spending. You also have an automated account and reconciliation option providing granular memos and receipt capture so you can consolidate your on-chain spending effortlessly. Rain can also manage individual team budgets, allowing you to set up sub-accounts for each team.

If your Web3 company needs an easy way to monetize and spend crypto, Rain is the best corporate card solution.  

What are the benefits of using Rain crypto corporate cards for expenses like corporate travel?

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If your crypto company or foundation wants to leverage crypto currency to help manage expenses, it can come with a hefty fee, not to mention delays. In fact, when relying on exchanges and OTC partners to manage your fiat spending, fees can range from 1-10% for each transfer. Here, we share the benefits of using the Rain credit card to cover expenses without worrying about delays and costly fees.

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What is a Rain credit card?

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Rain credit cards come with a state-of-the-art corporate spend management platform designed to accommodate the unique governance and operation models of Web3 teams. Although traditional fintech products are held back by outdated infrastructure, Rain leverages on-chain infrastructure to drive efficiency for digitally native teams. Rain members can cover expenses in real life quicker than alternatives in the market.

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Why is Rain best for your expenses?

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Rain provides instant and seamless access to spending without any OTC margin or spread, saving your team an average of 3% to 4%. You can use your Rain card anywhere VISA is accepted, allowing you to spend your digital assets at merchants around the world. Although OTC trading is convenient when swapping larger sums fast and confidentially, it makes no sense for crypto companies to depend on an OTC desk to access funds to cover basic expenses like corporate travel.

Also, the Rain credit card acts like a traditional credit card, making it better for booking flights, securing accommodations, or reserving a rental vehicle for corporate travel. Perhaps best of all, Rain members have until the end of the month to pay their bill, meaning funds, tokens, and assets aren't debited from your account after each transaction like a debit card. As a result, crypto companies often find they maintain better control over their digital asset spending while managing cash flow deficits more effectively.

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How does the Rain credit card help you save money?

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In hand with an average savings of 3% to 4%, Rain also helps you save in several other ways, including:

• Users have access to opportunities for over $750,000 in savings through Rain partnerships
• You can simplify your accounts payable without the need for data entry, reducing errors and repetition that cost money to manually enter, track, and correct
• Effortless invoice payments allow you to pay at the end of each month instead of debiting crypto for each transaction to help provide a break when you experience cash flow challenges
• You also streamline accounting functions with seamless integration with Quickbooks™ and Entendre™
• With easy management of sub-accounts for individual team budgets, you become more aware of spending across your organization to make informed financial business decisions
• You can consolidate your on-chain spending using automated accounting, including quick reconciliation and receipt capture
• Your accounting team can onboard bookkeepers and accountants to accurately document and tag transactions to simplify corporate accounting and reporting

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Rain credit cards eliminate unnecessary fees, offer instant spending opportunities using your crypto assets, and ensure vendors receive fiat without the regulatory risks of accepting crypto.

What happens if I lose my card and need another one?

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When you need a global credit card solution that merges your digital assets with fiat ecosystems, Rain’s state-of-the-art platform makes crypto transactions easy. However, if team members misplace their physical cards, it’s essential to understand what steps you should take to ensure your account remains secure and accessible. Here, we explain what happens when you or a team member loses their card and needs another one.

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How do cardholders request a new card and inform Rain of potential issues on the account?

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Rain enables fast replacement of lost physical cards with delivery available worldwide. Your Company Administrators can request replacements through your Rain Account using the Company User’s full legal name and identifying and contact information such as date of birth. 

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It is vital to inform Rain of lost or stolen cards immediately so they can take appropriate measures to prevent unauthorized transactions. Because replacement cards usually have new account numbers, be sure to update the Rain Card on file for any scheduled or recurring payments. If you are worried about fraudulent activity, contact support@raincards.xyz or call the phone number on the back of your Rain card.

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How does the granular spending control process work?

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When your Company Administrators request cards for new users, they can assign specific restrictions for each user. For example, some users might only need a card to use for vendor transactions with specific merchants, while other users might require a particular expiration date because they are contract employees. These special restrictions can be assigned to yourself or a teammate, including setting spending limits. These limits can be based on daily, weekly, monthly, yearly, or all-time limits to suit your expense budget or card user functions.

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What is Rain’s dispute process for addressing unauthorized charges?

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If you did not authorize a charge that you see on your card, you should promptly reach out to support@raincards.xyz or call the phone number on the back of your Rain card. As with any card, the holder is responsible for reviewing Periodic Statements to identify any Charges you believe are unauthorized. If the dispute is based on your belief a Charge was unauthorized, you can initiate a Chargeback through your Rain Account. It is critical to review your statements promptly, as you have 60 days after the disputed Charge is posted on your Periodic Statement to voice your concerns. 

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Rain might request additional details on the transaction and review the disputed Charge once they have collected the necessary information. If a charge dispute is pending, it is still considered outstanding and due on the date indicated on your Periodic Statement. Once the dispute is resolved in your favor, the amount will be credited to your Rain Account on either the current or a future Statement. You must make your full payment to avoid fees, a reduction in spending limits, or suspension of your Rain account.

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Rain makes it easy to request a replacement for a lost card, set granular spending controls to reduce fraudulent activity, and dispute any unauthorized charges you see on your Periodic Statements.

Can my Rain credit card be added to my smartphone wallet?

 'Rain' credit cards acts as a safe bridge between your cryptocurrency holdings and everyday transactions providing secure spend management from your crypto wallet with no exchange or bank account required.

But to make how you spend your funds even more seamless, you may be wondering ‘Can my Rain Credit Card be added into my smartphone's digital wallet?’

The short answer is, *yes*, your Rain card can be added to many mobile wallets.

This ensures you can enjoy the convenience and security of mobile payments with the cutting-edge features of the Rain Credit Card. 

However, let's delve deeper to provide a clearer picture of compatibility across Apple and Android:

For Apple users, there is a minor hiccup. 

If your company is incorporated in the U.S chances are you can add your Rain credit card to your apple wallet. However, due to some constraints imposed by certain wallet partners, not all Rain cards can be synced with Apple Pay. Apple, as a platform, has its specific set of requirements, and sometimes this may lead to limited compatibility with certain third-party services.

However, for Android users, there's good news.

 Rain credit cards can be utilized in conjunction with mobile wallets on the Android stack, including Google Pay. This implies that irrespective of the Rain card you possess, if you're on the Android platform, you can effortlessly integrate it with your digital wallet. Such broad compatibility is a testament to Rain's commitment to making crypto transactions as effortless as possible.

The integration of Rain with mobile wallets, especially on the Android platform, offers myriad benefits. First, it bolsters security. Mobile wallets, like Google Pay, employ a host of security measures, such as tokenization, which replaces your card's actual number with a unique code for each transaction. This ensures your real card details are never exposed, providing an added layer of protection against potential credit card fraud.

By linking your Rain credit card with your mobile wallet, you enjoy the ease of tapping your phone to pay instead of fishing out your physical card. This not only accelerates the payment process but also means one less item to carry when you're on the move. 

In conclusion, while there are certain limitations with its integration into Apple Pay which should not affect most users in the USA, Android users have the green light across the board. 

If you haven't already, consider adding your Rain card to your smartphone wallet and experience a seamless, secure, and swift transaction journey.