Rain Instant Pay Revenue and Competitors

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Rain Instant Pay's estimated annual revenue is currently $105.5M per year.(i)
  • Rain Instant Pay's estimated revenue per employee is $262,500

Employee Data

  • Rain Instant Pay has 402 Employees.(i)
  • Rain Instant Pay grew their employee count by -9% last year.

Rain Instant Pay's People

NameTitleEmail/Phone
1
Cloud & DevOps and Data Engineering ManagerReveal Email/Phone
2
Engineering ManagerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$6.9M41-5%N/AN/A
#2
$42M1821%N/AN/A
#3
$27.7M132-3%N/AN/A
#4
$6.4M383%N/AN/A
#5
$25.2M1205%N/AN/A
#6
$36M1568%N/AN/A
#7
$299.3M101837%N/AN/A
#8
$3.2M2216%N/AN/A
#9
$5.4M323%N/AN/A
#10
$16.6M79N/AN/AN/A
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What Is Rain Instant Pay?

Rain provides a modern approach to payroll for mid-sized organizations, a benefit that has already been rolled out for companies like Walmart and Uber. Our mission is to regrow individual freedom by giving people control over their income and finances. We are killing predatory financial products like payday loans and overdraft fees. We're backed by QED, a leading venture capital firm based out of Alexandria, Virginia, who has invested in notable companies like Credit Karma, ClearScore, Creditas, and many more. Our founders are highly experienced and excited about bringing greater financial freedoms to American workers and being a large part of the movement to end payday loans with high interest rates. Last year, Americans spent $170B while waiting for their next paycheck. Fees for payday loans, credit cards, overdrafts, and low balances add up. 72% of Americans who are living paycheck-to-paycheck are stuck in this debt trap and could benefit from early wage access. How does Rain work? Rain is free and easy for employers to implement. When an employer agrees to work with Rain, employees are invited to download the free Rain Instant Pay app from the Apple or Google app store. The employees will have early access to portions of their wages. All they have to do to get paid is pay a small transaction fee that keeps our lights on ($2.99 for same/next day, $3.99 for instant transfer). Will you join us in our fight to end predatory financial practices and promote financial health?

keywords:N/A

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Total Funding

402

Number of Employees

$105.5M

Revenue (est)

-9%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Rain Instant Pay News

2022-04-19 - MTG: Commander 2022 – Obscura Operation, Cabaretti Cacophony, And Riveteers Rampage Spoilers

... you may cast an artifact, instant, or sorcery spell from among cards exiled with Skyway Robber without paying its mana cost.”.

2022-04-06 - We360.ai raises $500k in Seed funding from GSF Accelerator, Hem Angels, others

... Spotify India), Vigyan Lodha (Serial entrepreneur), Akbar Khan (CEO Rain Instant Pay), Kanwaljit Bombra (Co-Founder & CEO nCORE Games),...

2022-03-22 - UniFocus launches intelligent tip pooling

Combined with UniFocus' Rain instant pay options, the new functionality aims to ... the feature can then instantly determine the correct tip amount for each...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$136.4M40430%N/A
#2
$88.5M407-1%N/A
#3
$138.4M41058%N/A
#4
$131.4M4149%N/A
#5
$108.1M42229%N/A