Rainforest – Innovative payments platform
Vertical SaaS needs better payments.
Rainforest is a platform that helps software companies embed card processing and payouts without becoming payment facilitators themselves.
Its low‑code API, merchant portability, and no‑risk model let platforms deliver chargeback handling, ACH validation, and partial authorisations while staying compliant.
On September 8, the company raised $29M in Series B funding led by Matrix Partners India and Infinity Ventures, with Accel and Tech Square Ventures participating as returning investors. The new funding brings the total capital to $57.5M, fueling team growth, expansion into Canada, and introducing new features such as tap-to-phone and orchestration.
CEO Joshua Silver says Rainforest is building the payments stack he wished existed when running software platforms.
Stripe made payments simple.
Rainforest makes them simple for software platforms.
Will embedded payments become as simple as plug‑and‑play?
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