Noah Secures $38m Seed Round to Accelerate Enterprise Stablecoin Adoption

Stablecoin payments infrastructure provider Noah has secured an additional $16 million to close its seed funding round at $38 million. As B2B stablecoin adoption surges by over 700% annually, the capital injection signals a significant shift for fintech professionals watching the replacement of legacy correspondent banking with faster, blockchain-based settlement rails for cross-border trade.

What was announced

Noah’s seed round closure at $38 million follows a period of rapid scaling, with the firm reporting a 538% revenue increase during the first part of 2026 compared to the same period in 2025. The company has maintained a monthly recurring growth rate of 31% and added more than 150 new customers this year, including several major enterprises transitioning to stablecoin-based transfers.

The funding is earmarked for the acceleration of Noah’s international money transfer services, which aim to facilitate the frictionless movement of funds across borders in seconds. Specifically, the capital will be used to broaden the company’s regulatory footprint and recruit additional engineering and compliance specialists. A key component of this expansion includes deepening connections with local payment rails in Noah’s highest-volume markets and establishing a physical presence in the United States through a new office in New York.

Currently operating in more than 150 markets and supporting over 60 currencies, Noah provides infrastructure both directly to enterprises and individuals, and indirectly through partnerships with neobanks, fintech companies, and workforce platforms. The platform seeks to replace the traditional correspondent banking chain, where multiple intermediary steps add delays and fees. This comes as the broader market for B2B stablecoin payments reaches an annualised value of $226 billion, despite currently representing less than 1% of the $34.8 trillion annual cross-border B2B payment volume. The SMB market is a particular focus, as these businesses currently generate 31% of bank revenue from cross-border flows despite accounting for only 7% of total volume.

"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,"

Shah Ramezani, Co-Founder and CEO of Noah.

The companies involved

Noah is a stablecoin infrastructure provider led by Co-Founder and CEO Shah Ramezani and Co-Founder and President Thijn Lamers. Lamers brings significant industry pedigree to the firm, having previously served on the founding team of the global payments giant Adyen. The company positions itself as a bridge between digital assets and traditional finance, focusing on the "on-ramps," "off-ramps," and compliance infrastructure necessary for compliant global money movement.

The funding round was supported by Endeit Capital, FJ Labs, LocalGlobe, and Felix Capital, alongside a group of angel investors. Jonne de Leeuw, a Partner at Endeit Capital, oversees the fund's fintech investments and led their participation in this round. LocalGlobe is a prominent venture capital firm with a significant track record in the fintech space, having been featured in multiple FF News reports. Felix Capital and Endeit Capital also maintain established presences in the European and global investment landscapes. These backers are betting on Noah’s ability to capture a larger share of the small and medium business (SMB) market, which currently pays an estimated $194 billion annually in fees and foreign exchange spreads to traditional banks.

What FF News has reported before

FF News has closely tracked Noah’s expansion throughout 2026 as the company builds out its ecosystem. In July, we reported that Noah Integrates Global Dollar Network to Launch Reward-Bearing Enterprise Treasuries, a move that allowed businesses to earn returns on their idle stablecoin holdings. This followed our coverage of the company’s regional expansion efforts, specifically when Cedar and Noah Partner to Bridge African B2B Trade with Stablecoin Infrastructure. These previous developments highlight Noah’s strategy of targeting high-friction corridors where traditional banking infrastructure is either too slow or too costly for modern B2B trade requirements, particularly in emerging markets and enterprise treasury management.

What this means

The closure of a $38 million seed round in the current venture climate suggests that the "stablecoin-as-a-service" model has reached a point of institutional maturity. For the wider industry, this announcement puts traditional correspondent banks under direct pressure, particularly in the SMB segment where high fees and opaque FX spreads have long been the norm. The massive 733% year-over-year growth in B2B stablecoin volume indicates that the technology is moving past the speculative phase into a functional utility. However, the sector still faces a significant hurdle: the regulatory overhead of maintaining 150 different market standards. The success of this model depends entirely on whether infrastructure providers can maintain compliance at the same speed they move capital.