Due to unprecedented times in banking, our CFO has added a new feature to our Asset / Liability model.

As a community banker, reading Maxfield on Banks writing is my version of the Charlie Munger quote "All I want to know is where I’m going to die, so I’ll never go there." Great stuff.

A scene of rural community banks minding our own business while coastal banks implode.

Large Company - "We're investing heavily in our office to draw remote workers back" The investment -

Ford Broncos are just G-Wagons for country folk.

Even though we are a rural bank, (sub 50k, generally sub 20k) one of the most surprising statistics is the average age in our communities. 56 y/o - Average US Rural Resident Age 38 y/o - Average US Age 36 y/o - Average Age in Our Communities 28 y/o - Lowest Avg. Age in one

Kansas is beginning to accelerate.

Behind every nominal deadline is an investment banker who gets paid contingently. Behind every delay is an attorney who gets paid by the hour.

It was fun to sit down with my friend Jacob O’Connor to reflect & timestamp some learnings from the perpetual building process. Now back to work!

KS and OK have ~10% of the US bank charters with most of those sub $2B, so statistically we’re likely to be in the small bank news more than you would expect given high bank per capita. I’m also for regulators having to justify enforcement by citing laws passed by congress vs.

We couldn't have made it this far without the unwavering support from our clients, partners and investors. The Rain team is going to be moving even quicker - building things many thought impossible. It is still early. Can't wait to show you all that we have in store.

Wyoming just launched FRNT—the first US state-issued, dollar-pegged stablecoin—and made it spendable from day one via a Rain-issued card. The promise is huge: ✅ Instant tax refunds that are instantly spendable ✅ Streamlined social benefits that are easy to spend ✅ Automated

The forecast? Heavy Rain. ☔️ We’ve raised $58M in Series B funding—led by Sapphire Ventures with support from @Dragonfly_xyz, Galaxy, Samsung Next, Lightspeed, Norwest & Endeavor Catalyst. Thanks to our team, partners, and investors for helping us rebuild global payments

Onchain rails have proven their value. Rain is making them usable by everyone, and keeping them invisible in the process. Today, we’re announcing our $250M Series C at a $1.95B valuation to keep building. 🧵