Cryptocurrency card issuer Rain completes $24.5 million financing, led by Norwest Venture Partners

the crypto card issuer Rain announced the completion of a $24.5 million financing round, led by Norwest Venture Partners, with participation from Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Rain issues debit and credit cards that allow customers to settle payments in stablecoins, and the valuation of Rain in this financing round has not been disclosed.