Noah Secures $22M War Chest to Disrupt Cross-Border Payments With Stablecoin Network

Another nine-figure crypto round drops as Noah bets big on stablecoins eating SWIFT''s lunch.

The pitch? A global payment rail that cuts settlement times from days to seconds—and bypasses banking middlemen taking their usual vig. (Because nothing unclogs financial pipes like removing rent-seeking incumbents.)

With regulators still playing whack-a-mole with dollar-pegged tokens, Noah''s timing looks either brilliantly contrarian or recklessly early. But $22 million buys plenty of runway to find out.

Just don''t call it ''stable'' when the Fed''s next policy meeting could vaporize 10% of its peg overnight—this is crypto, after all.

TLDR

• Noah raised $22 million in seed funding to build stablecoin payment infrastructure
• Former Adyen executive Thijn Lamers joined as co-founder and president
• The platform enables businesses to convert between fiat and stablecoins across 50+ currencies and 70 countries
• Stablecoin transfer volumes reached $35 trillion in the past year, more than doubling card network throughput
• Noah has partnerships with Circle and Paxos and serves clients including payroll companies and South America’s leading digital asset exchange

Noah announced a $22 million seed funding round to develop infrastructure for stablecoin-based global payments. The London-based company aims to make cross-border money transfers as simple as sending a text message.

The funding came from LocalGlobe, Felix Capital, FJ Labs, and angel investors including Joe Lonsdale from Palantir and David Helgason from Unity. Former Adyen CTO Alexander Matthey and DST Global’s Tom Stafford also participated in the round.

Thijn Lamers, former executive vice president of global sales at Adyen, joined Noah as co-founder and president. CEO Shah Ramezani founded the company to address limitations in traditional cross-border payments.

Current international transfers through banks typically take 1-5 business days and charge 1-4% in fees plus fixed charges. These transfers are limited by banking hours and offer little visibility during processing.

Stablecoins are digital currencies pegged to stable assets like the US dollar or Euro. They combine the stability of traditional currency with the speed and transparency of blockchain technology.

Transfer volumes using stablecoins reached $35 trillion in the past year, more than doubling card network throughput. Monthly flows have grown to $4.1 trillion, and the stablecoin market cap hit a record $238 billion.

Growing Market Demand

Noah’s platform allows businesses to convert funds between fiat currencies and stablecoins across more than 50 currencies and 70 countries. The conversions happen in real-time through API and checkout integrations.

The company already serves major clients across payroll services, payment service providers, neobanks, and South America’s leading digital asset exchange. These clients use Noah’s infrastructure to process international payments more efficiently.

Noah has formed partnerships with Circle and Paxos, two major stablecoin issuers. These alliances help the company expand into remittances, enterprise payments, and global aid distribution.

Elisabeth Carpenter, chief strategic engagement officer at Circle, said NGOs are already using stablecoins to deliver aid directly to people in crisis situations. The technology enables instant, transparent cross-border transfers even where traditional infrastructure is limited.

Infrastructure Focus

Noah differentiates itself by building exclusively around stablecoins rather than adding them to existing payment systems. This focused approach allows the company to optimize specifically for stablecoin transactions.

The platform maintains compliance with financial regulations while offering faster and cheaper alternatives to traditional payment methods. Businesses can access stable digital assets in regions with volatile local currencies.

Ramezani projects the stablecoin market will reach $2 trillion by 2028. The company positions itself as essential infrastructure for businesses wanting to use stablecoins for international payments.

Ashmina Arora, partner at LocalGlobe, said Noah creates an essential foundation for modern global money movement. The platform combines fiat currencies, local payment systems, stablecoins, and compliance requirements in a single interface.

Noah plans to use the funding to expand into key fintech markets across the US, Europe, and Asia. The company will also pursue licensing requirements and invest in product development and engineering teams.