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Farouk Malik

Farouk Malik

Co-Founder and CEO of Rain, a $1.95B fintech company building stablecoin-powered payment infrastructure.

Jul 7, 2026

20:47
Yeah, for sure.
20:49
One of the biggest things that we hear people concerned about the most is speed, right? Speed in most things is good, right? I mean, I think we can all agree traveling somewhere, getting there faster is good, right? Spending less time in transit to do anything is good, right? Waiting less for your food delivery is good.
21:09
These are all things, not having to wait until the movie comes out to binge the entire thing is good.
21:16
These are all the things that we expect as consumers and individuals in society as positive.
21:23
The positive changes that we see in society.
21:25
When it comes to monetary systems, speed doesn't necessarily equal good, right? Because of the way the systems work today and because of kind of the layer of regulations and guidelines that we have on top of each other, it makes it actually very difficult to navigate the various processes and procedures within a global financial institution, right? And it's not by design.
21:49
It's by inertia, right? Because they go through an audit, then they say, okay, well, we are gonna tweak this by adding one more step here.

13 MINS LATER

34:55
What was the mood inside the company and how did it affect your focus?

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