Rent Cover

Ease the burden of your employees' biggest monthly expense.

Rent is an employee’s biggest monthly expense, and it almost never lines up with their paycheck. Rent Cover divides rent into two payments, so the biggest monthly expense feels like less of a burden.

Book a demo

Problem

Many Americans are overburdened with high rent prices.

1 in 7 Renters paid a late fee last month, averaging $85.

50% of Americans are considered “Rent-burdened,” meaning they spend over a third of their income on rent

54% Increase in rent since 2017, outpacing the 43% earnings growth rate

Solution

A simple way to make rent just another day

Rain divides rent into two payments aligned to your employees' pay cycle. No lump sum and no late fees.

Easily integrates with your existing rent payment flow
No new bank account needed
No credit check

^{*Additional fees apply.}

How Rain Rent Cover works

On the day before rent is due, the employee contributes a minimum of 50% from their linked account.

Rain advances the remaining balance and sends the full payment directly to the landlord via ACH — on time, every time.

Rain's portion is repaid from the employee's next paycheck, automatically. No action needed. No debt risk.

Once configured, the cycle runs month to month — employees stop thinking about rent day entirely.

Trusted by top teams

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.

‍

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.

‍

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.

Rain Technologies Inc. is licensed by the Wisconsin DFI, with license number 2623400EWA.

Services are provided by Rain Technologies Inc. NMLS# 2623400. This licensed company may be verified through the NMLS Consumer Access website, available at https://www.nmlsconsumeraccess.org/.

‍

Rent Cover

Ease the burden of your employees' biggest monthly expense.

Problem

Many Americans are overburdened with high rent prices.

Solution

A simple way to make rent just another day

Step 1: Employee pays their half

Step 2: Rain covers the rest

Step 3: Automatic repayment

Step 4: Set it and forget it

Rent Cover

Ease the burden of your employees' biggest monthly expense.

Problem

Many Americans are overburdened with high rent prices.

Solution

A simple way to make rent just another day

Step 1: Employee pays their half

Step 2: Rain covers the rest

Step 3: Automatic repayment

Step 4: Set it and forget it

See Rain in Action