Founder
@StrataMedia_ ,
@jacqmelinek breaks down how Rain is assembling cards, stored value, regulatory infrastructure and wallets into a vertically integrated payments stack on Tokenized
"ANSA for stored value came in August."
"The OCC trust charter filing, although it's not approved, but they filed."
"I kinda see the company moving from just being a card issuer behind someone else's app to really kinda holding the balances."
"Whoever holds the balance owns the customer."
"Rain just moved away from just the card side to actually having the full account."
Four separate filings in under a year point to one card issuer trying to become the account of record.
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