London, UK — Noah, a London-based fintech startup, has announced a $22 million seed funding round to develop infrastructure enabling global payments via stablecoins. The platform is designed to simplify cross-border money transfers by allowing businesses to convert funds between fiat and stablecoins in real-time across more than 50 currencies and 70 countries.
The funding round was led by LocalGlobe, Felix Capital, and FJ Labs, with participation from notable angel investors including Joe Lonsdale (Palantir), David Helgason (Unity), former Adyen CTO Alexander Matthey, and DST Global’s Tom Stafford.
Joining the company as co-founder and president is Thijn Lamers, former EVP of global sales at Adyen. Noah is led by CEO and founder Shah Ramezani, who launched the company to address the inefficiencies of traditional cross-border payments, which can take up to five business days and involve high fees with limited transparency.
“Current international payment systems are slow, expensive, and outdated. We are building a future where transferring money across borders is as easy as sending a text message,” said Ramezani.
Stablecoin Surge and Market Opportunity
Stablecoins—digital currencies pegged to fiat assets like the US dollar or euro—have seen explosive growth. Transfer volumes hit $35 trillion over the past year, more than doubling the throughput of global card networks. The total market capitalization of stablecoins has reached a record $238 billion, with monthly flows now exceeding $4.1 trillion.
Noah’s platform taps into this growth by offering API and checkout integrations that allow businesses to move money faster and more cost-effectively. Clients already include payroll providers, neobanks, payment service providers, and South America’s leading digital asset exchange.
The company has formed strategic partnerships with leading stablecoin issuers Circle and Paxos. These alliances support Noah’s expansion into remittances, enterprise payments, and humanitarian aid distribution.
“NGOs are using stablecoins to deliver aid in regions where traditional infrastructure is limited,” said Elisabeth Carpenter, Chief Strategic Engagement Officer at Circle. “This technology enables instant, transparent, and borderless financial support in crisis zones.”
Infrastructure Built for the Future
Unlike other fintech players that add stablecoins to existing systems, Noah is building its platform from the ground up with a stablecoin-first approach. This allows for deeper optimization of transaction speed, compliance, and cost.
Ashmina Arora, Partner at LocalGlobe, noted: “Noah is creating an essential foundation for modern global money movement. The platform seamlessly integrates fiat currencies, local payment systems, stablecoins, and compliance tools.”
With the new funding, Noah plans to expand into key fintech markets across the US, Europe, and Asia. The company will also focus on securing regulatory licenses and scaling its engineering and product development teams.
Looking ahead, Ramezani projects the stablecoin market will grow to $2 trillion by 2028. “We’re building the infrastructure that will power the next generation of international payments,” he said.
