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Rain Instant Pay Closes Historic Funding

Rain, a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt.
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Rain, a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt.

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Rain Technologies Inc. is not a bank. Rain Technologies Inc. is a financial technology company, and provides these disclosures on behalf of itself and its affiliates. Other types of banking services are provided to select customers by Evolve Bank & Trust, Member FDIC. The FDIC provides deposit insurance to protect your money in the event of a bank failure. Learn more about deposit insurance.

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Rain is not a Bank. Rain Bank Account is a demand deposit account established by, and the Rain DebitCard is issued by, Pathward®, N.A., Member FDIC, pursuant to a license by Visa U.S.A. Inc, and can be used everywhere Visa debit cards are accepted.

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Rain Technologies Inc. is registered with the California DFPI under the CCFPL with registration number 04-CCFPL-2623400-3635550. Rain Technologies Inc. NMLS ID: 2623400. Services are provided by RainTechnologies Inc. NMLS# 2623400. This licensed company may be verified through the NMLS Consumer Access website, available at https://www.nmlsconsumeraccess.org/.

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