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Rain Instant Pay logo

Rain Instant Pay

Rain is the fastest-growing early wage access and financial wellness benefit vendor globally. With operations in the U.S., Brazil, and India, Rain provides a voluntary employee benefit that is free for employers to implement. Rain integrates with payroll and timekeeping vendors to create a seamless process with almost zero work for the employer. Through Rain, not only can employees access their pay any day of the week (instead of waiting the traditional two weeks for payday), but they can also take advantage of a free pay card, the ability to instantly access tips after a shift, and other financial wellness tools such as a credit score builder and financial literacy materials. Rain also is able to offer deep discounts on dozens of other voluntary benefits such as prescriptions and dental care. Employers win by having one of the leading employee benefits that workers are asking for and by seeing reductions in turnover and increases in job applications.

rain.us

Founded

2019

Employees

Between 50 - 100 employees

Raised

$12,600,000

Headquarters Location

Santa Monica, Santa Monica, CA 90291

Public

FALSE

Acquired

FALSE

Founders

Alex Bradford
Alex Bradford
Steve Spratt
Steve Spratt

CEO

Alex Bradford

Funding Rounds

$8,600,000

  • Russell Cook
  • QED Investors
  • West Quad Ventures
  • CM Ventures
  • Fritz Lanman
  • Andreas Penna

December 2020

$4,000,000

  • QED Investors
  • West Quad Ventures

August 2019

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