Rain Raises $75M Series B to Expand Beyond EWA and Boost Financial Wellness for Millions

Rain Raises $75M Series B to Expand Beyond EWA and Boost Financial Wellness for Millions

I’m thrilled to share some major news in the fintech space. Rain, a Los Angeles-based startup I’ve closely followed, has just raised a $75 million Series B round—an all-equity deal that pushes its post-money valuation to $340 million. The round was led by Prosus, with participation from Nextalia Ventures, Spark Growth Ventures, and existing investors like QED and Invus Opportunities. Image:Google This latest round is a huge validation of Rain’s mission to provide earned wage access (EWA) and financial wellness tools for everyday workers. I believe this move not only supports a more stable financial future for employees but also shows growing investor confidence in responsible fintech innovation. Why Rain’s Model Stands Out in the Fintech Crowd Earned wage access is gaining traction as a smarter alternative to high-interest payday loans. I appreciate Rain’s employer-integrated model, which makes it easier for companies to help employees access wages they’ve already earned—without the need …