Rain, a provider of earned wage access solutions, raised $75 million in Series B funding, led by Prosus. This investment endorses Rain's mission to boost financial flexibility for American workers, especially those living paycheck to paycheck. Founded in 2019 and integrating with payroll systems, Rain allows employees to access earned wages early. The funds will be used to expand operations and enhance their financial wellness offerings, including savings and credit-building tools, to reach millions more employees and employers in the U.S.
Rain is empowering the American workforce by providing earned wage access to enhance financial flexibility, having just secured $75 million in Series B funding.
The funding will bolster Rain's growth strategy, enhancing its financial wellness suite and expanding its reach to more employers and employees across the U.S.
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