Noah Raises $22 Million for Global Stablecoin Payments

Noah, a stablecoin startup, has successfully raised $22 million in seed funding. This significant investment was led by LocalGlobe, with additional support from prominent venture capital firms Felix Capital and FJ Labs. Notable angel investors, including Joe Lonsdale, David Helgason, Alexander Matthey, and Tom Stafford, also contributed to the funding round. The capital injection is aimed at developing infrastructure for stablecoin-based global payments, enabling businesses to transfer money across borders instantly, transparently, and at a lower cost compared to traditional systems.

Noah's platform allows users to convert between 50 currencies and transfer money between 70 countries, making cross-border transactions faster, cheaper, and more transparent. The company's mission is to revolutionize legacy cross-border payment methods by replacing the outdated SWIFT system with a unified global network that connects local payment rails through stablecoins. This strategic move is expected to make international payments as seamless as data transmission.

The funding will support Noah's expansion into key fintech hubs across the US, Europe, and Asia. The company plans to accelerate licensing efforts and drive innovation across its product and engineering teams. Noah's co-founder and president, Thijn Lamers, highlighted the transformative potential of stablecoins, stating that traditional processors optimize within existing constraints, but Noah is eliminating those constraints entirely. The platform provides businesses with the fastest, cheapest, and most transparent way to move money globally.

Noah's simple API and checkout integrations enable real-time conversion between fiat and stablecoins while maintaining rigorous compliance and transparency. The rise of stablecoins represents a fundamental reshaping of global finance, according to Shah Ramezani, founder and CEO of Noah. The company projects an exponential acceleration in the stablecoin market, aiming for a $2 trillion market by 2028. Noah's platform is building the vital infrastructure for businesses to fully leverage this revolution.

Noah's strategic alliances with leaders like Circle and Paxos are amplifying its reach across key use cases, from remittances and payroll to enterprise transactions and humanitarian aid. Whether it's a multinational company or an NGO on the frontlines, Noah ensures faster, fairer access to money anywhere in the world. The company's singular focus on stablecoins, architected from the ground up, gives it a clear edge in scaling stablecoin adoption globally.