About
Rain provides an Earned Wage Access (EWA) solution that allows employees instant access to their earned wages. Their mission is to alleviate financial stress and empower workforces, leading to increased retention, improved attendance, and better talent acquisition for employers. Rain differentiates itself by offering a responsible and transparent EWA solution with employer-controlled transaction guardrails, minimalist data collection, pay stub transparency, and financial wellness tools. They offer seamless integration with existing payroll systems, swift implementation (within 45 days), minimal operational involvement, and in-house client support with 24/7 user care. Rain also funds the wage transfers, eliminating the need for employers to manage the funding process.
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Frequently Asked Questions
What does Rain do?
Rain provides an Earned Wage Access (EWA) solution that allows employees instant access to their earned wages. Their mission is to alleviate financial stress and empower workforces, leading to increased retention, improved attendance, and better talent acquisition for employers. Rain differentiates itself by offering a responsible and transparent EWA solution with employer-controlled transaction guardrails, minimalist data collection, pay stub transparency, and financial wellness tools. They off…
How much funding has Rain raised?
Rain has raised a total of $75M in funding. The most recent round on record is Series B.