Rain Instant Pay
StartupsFinancial Management SolutionsFinancial ServicesManaged ServicesOutsourced Human ResourcesTechnology OrganizationTechnology Products and Services
Rain provides on-demand pay and financial wellness benefits for mid-sized and enterprise level 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 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. 68% 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.
Will you join us in our fight to end predatory financial practices and promote financial health?