Assessment
Rainforest is used by software platforms that want to add card and ACH acceptance for their merchants without becoming a payment facilitator. It serves nearly 100 platform clients across healthcare, professional services, nonprofits, and other verticals, and its best use cases are low-code embedded checkout, merchant migration, and platform payment ops. Prices are discussed in sales, and its main competitors are Payabli, Spreedly, and Stripe Connect.
Joshua Silver founded Rainforest and is its chief executive. The company says revenue grew more than 10x between its Series A and Series B, and its 2025 year-in-review points to billions of dollars of annual processing volume. In early 2026 it also announced a partnership that lets platforms offer PayPal and Venmo as payment methods.
It fits a software platform that wants embedded payments with clear merchant portability. It is a weaker fit for a company that needs a full issuing stack, and for a buyer that wants every fee posted on a public page.
Rating by criterion
We score each of the eight criteria out of 100.
Sector criteria
Use it for embedded merchant acceptance. Rainforest is built so software platforms can offer payments without PayFac registration.
Ship with low-code components. The company emphasizes fast implementation and migration tooling for platform merchants.
Rely on its risk and ops teams. It has expanded payment operations and risk staffing as volume grew.
Check vertical fit. Clients include healthcare, nonprofits, professional services, field services, and youth sports platforms.
Vendor criteria
Expect continued product work. The Series B funds Canada expansion, tap-to-phone, and alternate payment methods.
Plan a platform onboarding. Rainforest works through platform success teams instead of a pure self-serve path for every merchant.
Request pricing in writing. Public pages stress transparent pricing but do not publish a full rate card.
Ask about contract flexibility. Rainforest markets flexible terms and merchant portability as core differences.
Against its peers
These are the other companies in payments and acquiring, with their ratings.
User comments
We read Rainforest’s Series B coverage and its 2025 year-in-review to see what buyers value, and set them against the main limit a buyer meets.
- Upside
- Downside
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums and product documentation.
Based on: Hypepotamus, Series B; Rainforest, 2025 year in review.
Fact file
| Chief executive | Joshua Silver, founder |
|---|---|
| Founded | Atlanta |
| Platform clients | Nearly 100 |
| Series B | $29M, September 2025 |
| Total raised | About $57.5M |
| 2025 growth | More than 10x revenue vs Series A period |
Competitive landscape
Embedded payments providers a software platform would compare with Rainforest.
Rainforest: 78
Tilled also sells embedded payments to vertical software companies, holding the PayFac registration and risk for a white-label launch. Finix is a payment processor in its own right and suits a platform that wants processor economics or a path to becoming its own payment facilitator.
Comparisons
Key leadership
Joshua Silver founded Rainforest and is its chief executive.
How this review was created
This profile gives our own assessment of Rainforest to companies selecting a Payments & acquiring provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and Rainforest gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, public reviews and filings. Fact-checking took place on November 5, 2026.
Source pages
- Rainforest home page: https://www.rainforestpay.com/ (As of November 5, 2026)
- Rainforest, 2025 year in review: https://www.rainforestpay.com/blog/2025-year-in-review (As of November 5, 2026)
- Hypepotamus, Series B: https://www.hypepotamus.com/atlanta-rainforest-29-million-series-b/ (As of November 5, 2026)