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Raenest
Raenest gives 1M+ freelancers and businesses US, UK, and EU accounts to receive and spend money globally via Visa cards.
Raenest
Join 1M+ freelancers, creators, individuals, and businesses using Raenest to receive USD, GBP, and EUR, send money worldwide, and spend with a USD debit card.
General information
Firm type
FinTech Company
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
—
Corporate office
United States
Sector focus
Frequently asked questions
Is Raenest a bank?
No — it is a financial technology company. Raenest's US dollar accounts and banking services are provided through Regent Bank, Member FDIC, and its Visa cards are issued by Rain, a Visa Principal Member. Raenest itself is not FDIC insured.
Who backs Raenest financially?
Raenest states on its website that it is "backed and trusted by the best in fintech and venture capital," but it does not publicly name any specific venture capital firms, funds, or individual investors.
Which currencies and crypto assets does Raenest support?
The platform supports multi-currency accounts in US Dollars, British Pounds, and Euros, as well as stablecoin accounts for USDT and USDC. Users can hold, send, and spend across these five denominations.
How does Raenest's card program work?
Raenest offers virtual and physical Visa cards for spending at any merchant that accepts Visa. The cards are issued by Rain, a Visa Principal Member, and are a separate product from Raenest's broader platform of global accounts, currency conversion, and money transfers.
Is my money protected if Raenest fails?
FDIC insurance covers up to $250,000 per qualified customer account on a pass-through basis, but only against the failure of the underlying bank — Regent Bank. If Raenest itself experiences operational or financial trouble, users' funds parked in the platform's interface layer may be subject to different risk exposure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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