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Rain, a stablecoin company, raised $250 million in a funding round led by ICONIQ, boosting its valuation to $1.95 billion. The firm focuses on expanding its stablecoin payment platform and has seen substantial growth in its user base and transaction volume over the past year.
Airwallex, an Australian payment firm, plans to invest approximately €200 million in the Netherlands over the next five years. The company aims to expand its Amsterdam workforce by 60%, increasing to around 70 employees by the end of 2026. This marks a significant shift from its Asia-Pacific focus to a broader European presence.
Stripe Inc. is planning a tender offer that could boost its valuation to at least $140 billion, a significant increase from its previous valuation of $107 billion last year. The terms of this new offer may still change, according to a source familiar with the situation.
A recent Innovate Finance report reveals that global fintech funding rose 21% in 2025, driven mainly by investments in payments and cryptocurrency platforms. The US led the way with $25.1 billion, while the UK and other regions also saw significant growth in funding activity.
Rainforest has raised $29 million in a Series B funding round aimed at enhancing its embedded payments solutions for vertical SaaS platforms. The investment will help the company scale its operations and improve seamless payment integration for its clients.
AvidXchange has agreed to be acquired by TPG and Corpay for $2.2 billion, offering a 22% premium over its current stock price. The management team's decision to maintain an equity stake reflects confidence in future growth, while the deal is expected to provide more flexibility for aggressive long-term investments as a private company, despite the loss of public trading status for current shareholders.