Atlanta, United States
Rainforest, founded in 2022 and headquartered in the United States, is a prominent player in the Fintech and Payments sectors. Its slogan, "Payment processing for your platform." captures the essence of its core offering: a Payments-as-a-Service (PaaS) solution designed to help software companies seamlessly integrate embedded financial services.
The company addresses a crucial need in the market, allowing software platforms to enhance their payment capabilities without the burden of becoming a payments facilitator. As the industry trends towards software-dominated payment processing—with projections indicating a shift of up to 75% by 2030—Rainforest offers a unique proposition. It combines customizable technology with a platform-specific merchant underwriting model, enhancing revenue streams and boosting client retention.
Backed by a $20.00M Series A investment on June 26, 2024, with participation from notable investors like The Fintech Fund, BoxGroup, and Infinity Ventures, Rainforest is poised for significant growth. The leadership, consisting of experienced industry veterans, positions Rainforest as a uniquely capable provider in the evolving payments landscape.
