Rain Technologies

Rain Technologies Inc. is a financial technology company whose platform gives employees access to wages they have already earned before payday, known as earned wage access (EWA). The platform also includes budgeting and spending analysis tools, free tax filing, financial coaching, and Cover Me, an AI feature that helps employees avoid overdraft fees.

Customers are U.S. employers who offer the service to their workforce, and the website names Fortune 500 employers among them. The site describes an employer-side deduction model that keeps employers in control of payroll and data. Rain states it is not a bank: the Rain Bank Account is established by and the Rain debit card is issued by Pathward, N.A., and other banking services are provided by Evolve Bank & Trust. The website does not state pricing.

Rain is registered with the California DFPI under the CCFPL and licensed by the Wisconsin DFI. The site reports SOC 1 Type 2, SOC 2 Type 2 and ISO/IEC 27001 certifications and lists a Nashville office. Open roles include U.S.-based account executive, revenue operations, product and risk analytics positions, and engineering roles listed in Lisbon, Rome, Sofia and Barcelona. The founding year is not stated on the website.

Product: Earned wage access platform for employees, with a Rain Bank Account and debit card, budgeting tools, financial coaching and overdraft-avoidance features, sold to employers.