Rainforest is a Payments-as-a-Service (PaaS) platform that helps software platforms build and optimize embedded financial services. With Rainforest, software platforms can provide a best-in-class payments experience for their end merchants without the risk, compliance, economic, and operational burdens of registering as a payment facilitator with card networks. Rainforest provides low-code integration technology, true merchant portability, transparent pricing, the industry's most flexible contract terms, and a no-risk model.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/05/23 | $11,750,000 | Seed |
Accel Ardent Venture Partners BoxGroup Infinity Venture Partners Silicon Valley Bank Tech Square Ventures The Fintech Fund | undisclosed |
