Rain’s $24.5M Power Play 💥

Visa jumps in to shake up how the world gets paid — one salary at a time 💳

Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.

What we’ll cover today:

  • Rain’s $24.5M raise and Visa partnership 🌧️

  • BMO nabs a top JP Morgan exec 💼

  • Why fintech leaders are talking real-time salaries 🔁

  • Upcoming fintech events you can’t miss 🚀

 BMO, a major North American bank, just hired Tony Sciarrino, a former JP Morgan exec, to lead U.S. Commercial Banking.

🚨Breaking News:
Tony Sciarrino joins BMO as the new Head of U.S. Commercial Bank, marking a major leadership shakeup in American banking.

⚡Wire Simplified :
/Tony used to be a top executive at JP Morgan.
He’s now leading BMO’s U.S. commercial banking unit.
BMO is looking to grow faster in the U.S.
Tony brings 30+ years of industry experience.
He’ll focus on client needs, innovation, and growth strategy.

✔️Straight to the Point :
BMO is betting big on U.S. growth by bringing in Tony Sciarrino, hoping experience and bold moves equal bigger business wins.

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 Rain, a Gulf-based fintech helping workers access wages early, just raised $24.5M and teamed up with Visa for global plans.

🚨Breaking News:
Rain scored $24.5M in fresh funds and is now working with Visa to expand worldwide. Paydays may never be the same.

⚡Wire Simplified :
Rain lets employees access earned wages anytime, not just on payday.
The $24.5M round was led by QED Investors.
Visa will help Rain expand globally.
The company wants to reduce financial stress for workers.
It’s active in the Middle East and plans to go big.

✔️Straight to the Point:
Rain is changing how salaries work — with a big cash boost and Visa partnership, it's aiming to go global fast.

  1. Money20/20 Asia 2025
    Money20/20 is the world's leading, premium content, sales, and networking platform for the global money ecosystem. The event focuses on payments, FinTech, and financial services innovation for connected commerce.
     Date: April 22–24, 2025  Location: Bangkok, Thailand
    Book your seat here

  2. U.S. Fintech Symposium 2025
    The U.S. Fintech Symposium is a conference reshaping the FinTech landscape by hosting conversations about partnerships and growth strategies. The event prioritizes meaningful discussions over typical presentations, offering numerous networking events, peer-to-peer discussions, and innovative panel discussions.
     Date: June 2–4, 2025  Location: Oak Brook, IL, USA
    Book your seat here

  3. FinovateFall 2025
    FinovateFall is a leading FinTech conference that showcases cutting-edge banking and financial technology through short-form demos and expert insights. The event also includes the Finovate Awards, recognizing companies driving FinTech innovation forward.
     Date: September 8–10, 2025 Location: New York, NY, USA

     Book your seat here

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