What Signify does

Signify, operating under the product brand Rain (rain.xyz), is a stablecoin payments infrastructure platform that provides enterprises with a single unified API to launch stablecoin-powered card programs, manage digital accounts, and move money across borders. The platform spans three core product pillars — Accounts (wallets, virtual accounts), Cards (issuing on Visa and Mastercard networks, plus corporate cards and a Rewards module), and Money Movement (onramps, offramps, cross-border payments) — with built-in compliance, risk, and program operations designed to abstract onchain complexity from the customer. Solution pages position the company across nine use cases including global card programs, cross-border B2B payments, instant remittances, scoped virtual cards, branded wallet-in-a-box, IDCs for global HNWIs, and controlled agentic payments, with an explicit vertical segmentation roadmap covering neobanks, fintechs, crypto exchanges, DeFi apps, marketplaces, payroll, and remittances.

The underlying technology integrates stablecoin rails with traditional card network infrastructure; Signify operates as both a Visa and Mastercard principal member and holds SOC 2 Type II and PCI DSS certifications. Differentiated product surfaces include the Agent Control Layer (programmable guardrails for AI agent spending, launched 2026) and Rewards (card-native rewards engine, launched 2026). The business model is B2B infrastructure-as-a-service, monetizing via transaction-based fees, interchange, and platform fees on stablecoin payment flows; specific pricing is not publicly disclosed. The company raised approximately $307.5 million in a funding round dated August 27, 2025.

Two notable data conflicts constrain this analysis: (1) firmographics lists 'Signify' as a fintech with website signifyhq.com, founded 2021, headquartered in New York with 1–10 employees, while the detailed product, certification, and funding data describe a much larger, more mature operation under the Rain brand; (2) the input also contains data for Signify N.V. (Philips Lighting), the unrelated Dutch lighting company — that material is excluded from this analysis. The description above reflects the substantive product and financial evidence tied to the Rain / stablecoin payments platform.

Name

Signify

Legal name

Signify N.V.

Website

https://signifyhq.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Signify (operating as Rain) is a stablecoin payments infrastructure platform offering a unified API for enterprises to launch stablecoin-powered card programs, manage accounts, and execute cross-border money movement. It serves neobanks, fintechs, crypto exchanges, and remittance providers globally.

Ownership category

akta.pro rank

Product category

Payment Infrastructure

NAICS

Credit Card Issuing (52221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Card Issuing Platforms (Issuer Processing) (FSAGABAD)

Keywords

• Stablecoin payments
• Card issuing infrastructure
• Cross-border payments
• Payment API platform
• Digital wallet infrastructure

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Core offering

Signify operates the Rain platform, an enterprise stablecoin payments infrastructure delivered through a single unified API. It enables businesses to launch stablecoin-powered card programs (prepaid or credit accepted worldwide via Visa and Mastercard), manage digital dollar accounts via wallets and virtual accounts, and execute cross-border fiat and stablecoin payments including onramps, offramps, and global money movement with built-in compliance and risk controls.

Product overview

Rain is a stablecoin payments platform for enterprises, offering a unified API that brings together accounts (wallets, virtual accounts), cards (issuing, corporate cards, rewards), and global money movement (onramps, offramps, payments) on stablecoin rails. The platform is designed for companies wanting to launch stablecoin-powered cards, provide digital dollar access, enable cross-border B2B payments, and build controlled AI agent payment systems. Rain serves as the infrastructure layer while keeping onchain complexity behind the scenes, providing compliance, risk, and program operations built into the platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Wallets Digital wallet infrastructure for storing stablecoins with flexible and secure setups, enabling enterprise customers to manage digital asset holdings within Rain's compliant payment platform.
• Virtual Accounts Named accounts with static routing details that enable users to send and receive funds, providing traditional banking-like account structures for stablecoin-based payment flows.
• Card Issuing Launch prepaid or credit card programs powered by stablecoin infrastructure and accepted worldwide through Visa and Mastercard networks.
• Onramps Fiat-to-stablecoin conversion services enabling users to convert traditional currency into stablecoins within the Rain payment ecosystem.
• Offramps Stablecoin-to-fiat conversion services enabling users to convert stablecoins back into local currency for withdrawal or spending.
• Payments Send and receive fiat and stablecoin payments globally, facilitating cross-border B2B payments and instant remittance services.

Quantifiable outcome

• Global commercial lighting market projected to reach $150.4 billion by 2035
• +1 more outcomes

Segments1 record

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature1 record

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BitPay: Established crypto payment processor offering merchant settlement and card products. Comparable in providing businesses with crypto/stablecoin acceptance and payout infrastructure.
• MoonPay: Crypto payments infrastructure offering onramps, offramps, and card issuance for consumer and enterprise customers. Directly comparable on fiat-to-stablecoin conversion and card products.
• Paxos: Regulated blockchain infrastructure platform offering stablecoin issuance (PYUSD for PayPal), custody, and onramps. Comparable to Signify as a licensed, enterprise-grade stablecoin and payments infrastructure provider.
• Wirex: Crypto-enabled card issuer with Visa principal membership and stablecoin payment accounts. Comparable business model combining stablecoin wallets, card issuing, and cross-border payments.
• Bridge: Stablecoin orchestration platform acquired by Stripe offering APIs for stablecoin issuance, onramps/offramps, and card issuance. Direct competitor to Signify in enabling enterprises to launch stablecoin-powered payment products.
• Circle: USDC issuer expanding into payments infrastructure, programmable wallets, and cross-border settlement. Competes with Signify at the stablecoin-rails layer and is increasingly moving into card-issuing territory.
• Alchemy Pay: Crypto payment gateway providing onramps/offramps and crypto-to-fiat card processing for global merchants. Comparable focus on bridging stablecoins and traditional card networks.

Emerging players

• Mesh (formerly Front Finance): Crypto payments aggregation and orchestration API enabling wallets, exchanges, and fintechs to execute transfers and card flows. Comparable developer-facing orchestration layer across accounts, cards, and transfers.
• Holyheld: Stablecoin-native neobank offering crypto card issuing and payments on Visa rails. Comparable in targeting consumers and enterprises with stablecoin-powered card products.

Broad incumbents

• Stripe: Global payments incumbent with the resources to integrate stablecoin rails through Bridge and stablecoin-as-a-service offerings. Represents the most significant competitive threat given Stripe's enterprise distribution and developer mindshare.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Signify