Rain and Episode Six Unite for Strategic Partnership, Expanding into Asia-Pacific
Rain Partners with Episode Six for APAC Expansion
In a significant move aimed at enhancing payment services in the Asia-Pacific region, Rain has announced a strategic partnership with Episode Six, a renowned global payment technology provider and card issuer. This collaboration is designed to support Rain’s growth and bolster its capabilities in delivering stablecoin-powered payment solutions.
Rain, known for its enterprise-grade infrastructure, is committed to optimizing the processing of credit, debit, and prepaid card programs across various networks. Episode Six, equipped with an extensive local infrastructure in Asia-Pacific, will serve as the foundational processing partner for this expansion. This partnership comes at a time when the demand for stablecoin payments is surging, particularly in APAC where businesses are increasingly seeking solutions for cross-border settlements and corporate treasury management.
As per industry experts, Asia-Pacific has established itself as the fastest-growing region in terms of stablecoin payment volume. Therefore, having a reliable and scalable infrastructure in place is crucial. Charles Yoo-Naut, CTO and Co-Founder of Rain, expressed that Episode Six offers the necessary local presence and proven execution to facilitate Rain's ambitious expansion plans. He emphasized, “As we scale our programs in new markets, processing infrastructure capable of evolving with us is essential.”
The partnership aligns perfectly with Rain's recent expansion of its Visa Membership into the APAC market. By collaborating with Episode Six, Rain can provide its clients with in-market solutions, backed by Visa-certified processing and a robust platform developed for scalability across active digital payment corridors. This allows Rain’s partners to efficiently navigate the complexities of local payment regulations and infrastructure.
Episode Six, with its API-first platform, grants Rain the flexibility to configure every aspect of its programs, including fees, foreign exchange rules, risk thresholds, and spending controls. This versatility is vital for clients who require tailored card programs aligned with their unique business models and the diverse regulatory landscapes across different markets. John Mitchell, CEO of Episode Six, remarked, “We are proud to support Rain’s growth in the APAC region, providing the infrastructure needed for high-volume operations while ensuring compliance with local regulations from the outset.”
Rain’s efforts to partner with Episode Six underscore its broader strategy to assemble a first-rate global stablecoin payments ecosystem. While the initial focus is on the Asia-Pacific region, both companies have expressed intentions to develop their collaboration into other markets, further diversifying their offerings and reinforcing their strategic positioning in the rapidly evolving digital payments landscape.
Episode Six currently powers card and ledger programs across over 50 countries, collaborating with numerous banks and fintech companies worldwide. This partnership with Rain aims to expand the range of processing options available to enterprise partners leveraging Rain's platform, ensuring scalability and efficiency at every level.
Both Rain and Episode Six appear committed to navigating the evolving landscape of stablecoin payments and digital transactions. Their collaboration signifies a crucial step in meeting growing market demands, ensuring that enterprises are equipped with the necessary tools to thrive in the fast-paced financial technology arena. As they embark on this journey, the expectation is set for both firms to leverage their innovative capabilities to enhance the competitive landscape of payment solutions globally.
About Rain
Rain is a global stablecoin payments platform that facilitates the movement, storage, and utilization of stablecoins through a variety of solutions, including payment cards and digital wallets. Trusted by over 200 organizations globally, Rain provides secure and scalable infrastructure tailored to meet the needs of enterprises, platforms, and developers.
About Episode Six
Episode Six offers a comprehensive suite of card issuing and ledger infrastructure solutions for financial institutions and technology companies, enabling them to innovate and maintain a competitive edge in the market. Their commitment to adaptability and flexibility makes them a valuable partner for organizations looking to expand their digital payment capabilities.