Rain, Farooq Malik - The $2Bn Company Building the Infrastructure for Stablecoins and Tokenized Money

Rain, Farooq Malik - The $2Bn Company Building the Infrastructure for Stablecoins and Tokenized Money

July 6, 2026 · 58 min · Episode 205

About this episode

Farooq Malik discusses building infrastructure for stablecoins and the growth of his company, Rain.

Send us Fan Mail I sat down with Farooq Malik, CEO & Co-Founder of Rain, a $2Bn company that’s building infrastructure for Stablecoin-powered products, including card issuing, payments, wallets, and much more for businesses like Western Union, Slash and Nuvei. In 2025 they grew 30x and they recently raised a $250m round led by ICONIQ Capital. Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversation...

People in this episode

Host: Miguel Armaza

Guest: Farooq Malik

Topics covered

Mentioned in this episode

Organizations: Rain, Western Union, Slash, Nuvei, ICONIQ Capital

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