Ray's holding the money again, we gather (5)
I believe the answer is:
rally
'gather' is the definition.
(rallying is a kind of gathering)
'ray's holding the money again' is the wordplay.
'holding' indicates putting letters inside.
'the money again' becomes 'll' (I am not sure about this - if you are sure you should believe this answer much more).
'ray' placed around 'll' is 'RALLY'.
'we' is the link.
I am not very happy about this link. It may be part of another bit of the clue.
Can you help me to learn more?
(Other definitions for rally that I've seen before include "Mass meeting; car race" , "Regain one's strength" , "Recover; mass meeting" , "Get-together" , "Arouse for action" .)