Noah Raises $22M for Stablecoin Expansion
Stablecoin infrastructure startup Noah has raised $22 million in seed funding, signaling a bold entry into a rapidly growing yet competitive space. The round was led by LocalGlobe and backed by a mix of institutional investors and prominent angels, including Felix Capital, FJ Labs, Joe Lonsdale of Palantir, and former Adyen CTO Alexander Matthey. The funding will be used to scale Noah's platform, pursue licensing, and grow its engineering and product teams across fintech hubs in the US, Europe, and Asia. Founded by Thijn Lamers, a former EVP of global sales at Adyen, and an ex-UBS analyst, Noah positions itself as a stablecoin-native infrastructure provider, built entirely around blockchain-based money movement. Unlike competitors that add stablecoins as a side feature to traditional systems, Noah is focused exclusively on building the rails that make stablecoins scalable, efficient, and compliant for global businesses. At the heart of Noah’s offering is a powerful API and checkout integration system, which allows businesses to convert between fiat and stablecoins in real time. With coverage across 50+ currencies and 70 countries, Noah’s infrastructure enables fast, cost-effective, and compliant money transfers—presented as a direct alternative to the legacy SWIFT network, which the startup calls “slow, costly, and frankly obsolete.” Thijn Lamers, now president of Noah, expressed strong belief in the potential of stablecoins to revolutionize international finance. “Having had a front row seat to Adyen’s explosive global demand, I see an even more profound trajectory for stablecoins,” he said. “Our cutting-edge technology, our world-class team, and now the formidable backing of top-tier investors perfectly position Noah to capitalise on the immense potential of stablecoins and address the practical needs of global businesses.” Noah aims to establish itself as the backbone of compliant, high-speed global money movement—bridging the gap between the traditional financial system and the future of programmable, stablecoin-powered transactions. Read the full article
