Noah, a London company that moves money across borders using stablecoins, has added $16 million to its seed round, taking the total to $38 million. The company and said it will use part of the money to open an office in New York.
The first $22 million came in June 2025 in a round led by LocalGlobe, with Felix Capital and FJ Labs, at the time. The extension adds Endeit Capital, a European growth investor, alongside those three firms and a group of angel investors. Noah hasn’t disclosed a valuation.
Noah converts customers’ money into stablecoins, moves it, and pays it out through local payment systems, so a transfer doesn’t have to pass through a chain of correspondent banks. It sells to businesses directly and through platforms such as neobanks, payroll and marketplace companies. Noah says it is live in more than 150 markets and supports more than 60 currencies.
Growth figures without a baseline
Noah said revenue for 2026 so far is up 538% on the same period last year, with monthly growth of 31%, and that it has signed more than 150 new customers this year across remittances, fintech, marketplaces and payroll. It didn’t give revenue in dollars, transaction volumes or the names of any customers. Its last public volume figure was more than $1 billion processed, given in June 2025.
Shah Ramezani, Noah’s co-founder and chief executive, said:
“We are able to replace the slow and expensive traditional banking approach to international transfers with a single settlement platform.”
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Thijn Lamers, co-founder and president, ran global sales at Adyen until 2018, according to . He said, “Noah is scaling its business to the level required to support four to five times its current revenue over the next 12 months.”
Jonne de Leeuw, a partner at Endeit Capital, said: “Cross-border payments still run on rails built decades ago, and we had been looking for the leader in stablecoin infrastructure for some time.”
A small share of a large market
Business-to-business stablecoin payments are growing fast from a low base. Analysis by McKinsey and Artemis Analytics, , put them at about $226 billion a year at the end of 2025, up 733% on the year before and around 60% of the roughly $390 billion in annual stablecoin payments. That total was still about 0.02% of global payment volumes.
Noah said the money will go on expanding its regulatory coverage, hiring engineering and compliance staff, and deeper connections to local payment systems in its biggest markets. It has not said which licences it holds or which it is applying for, including in the US, where the New York office will be based.
