Noah Closes $38m Seed Funding Round as Major Enterprises Move Cross-Border Payments onto Stablecoin
Noah, the stablecoin payments infrastructure provider, has closed its seed funding round at $38 million following the raise of an additional $16 million from existing and new investors. The raise follows strong growth that has seen revenues surge by 538% during year-to-date 2026 compared to the same period 2025, with recurring monthly growth of 31%. Noah has also signed over 150 new customers during 2026 including major enterprises such as they transition to stablecoin transfers.
The new funding will enable Noah to expand and accelerate its international money transfer services that enable the frictionless movement of funds across borders in seconds. Specific application of the funds will be to expand Noah’s regulatory footprint, recruit engineering and compliance specialists, and deepen its connections with local payment rails in its highest-volume markets. The business will also now be able to accelerate its US expansion through opening an office in New York.
“Stablecoins combine the flexibility of digital currencies with the stability of fiat currencies to allow money to move at the speed of the internet. We are able to replace the slow and expensive traditional banking approach to international transfers with a single settlement platform,” said Shah Ramezani, Co-Founder and CEO of Noah. “Noah is building the infrastructure that will make one-click international transactions possible everywhere, with full compliance at both the origination and destination of funds. Just as neobanks have revolutionised domestic banking, we want to redefine global money transfer markets.”
The new investment round has been made by Endeit Capital, FJ Labs, LocalGlobe, Felix Capital and a select group of high-profile angels. The capital raise follows strong sector growth for stablecoin as well as revenue growth for Noah as customers replace legacy correspondent banking with faster and cheaper stablecoin transfers.
Jonne de Leeuw, Partner at Endeit Capital in charge of the fund’s fintech investments, 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. We found it in Noah: the team and product are setting the standard in the space, and the customer traction shows the demand is real. Backing Thijn and Shah was a no-brainer, and we can’t wait to see them take Noah to the next level.”
Cross-border payments reached $208 trillion in 2025, generating an estimated $625 billion in annual revenue for banks and intermediaries. While Small and Medium Business (SMB) payments account for just 7% of this total flow, they generate 31% of banks’ revenue, costing businesses $194 billion a year in fees, foreign exchange spreads and operational charges.
Stablecoin adoption within the SMB market is rapidly accelerating. B2B stablecoin payments have reached an annualised value of $226 billion, representing an increase of 733% year-over-year. Stablecoins today account for less than 1% of the $34.8 trillion in annual cross-border B2B payments, highlighting the opportunity for future adoption.
Noah Co-Founder Thijn Lamers, who was also part of the founding team at global payment giant Adyen, said: “Stablecoin is critical to the future of money movement. International transfers are highly regulated and increasingly challenging as every country, currency, and payment method requires local partnerships, integrations, and compliance infrastructure. We founded Noah to set money free by building an international network where the on-ramps, off-ramps and compliance are built in, so that payments can move seamlessly across the world.
“Over the next 12 months, Noah is scaling its business to the level required to support four to five times its current revenue, with our longer term ambition to become the underlying network through which businesses move money internationally. We want to make stablecoin settlement invisible to the companies and individuals benefiting from it,” added Lamers.
Noah is live in more than 150 markets and supports over 60 currencies, where it enables seamless cross-border payments to replace legacy correspondent bank chains where multiple steps add delays and fees. Noah provides its services both directly to enterprises and individuals, and also indirectly through partnerships with consumer platforms, fintech companies, neobanks, and workforce platforms that aggregate large numbers of businesses, contractors, and individual users.