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Los Angeles-based Rain raised a $75M Series B in another good sign for fintech
Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts and spending
Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts and spending trends, has raised $75 million in an all-equity Series B round. Rain plans to use the new funds to help it add credit card and saving products to its roster, co-founder CEO Alex Bradford, exclusively tells TechCrunch. The startup is also working on a product to be rolled out later this year that makes it easier for employees to use their Health Saving Account (HSA) by letting them spend on any card and get reimbursed.
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