Skip to content
TECH CEO Daily
FintechFunding

Noah closes $38M seed round for stablecoin payment rails, says revenue rose 538%

The UK company raised a $16 million extension from Endeit Capital, FJ Labs, LocalGlobe and Felix Capital and plans a New York office.

By · Editor

· 3 min read · Fact-checked

The 60-second brief

  • 1Noah added $16 million on October 7, bringing its seed round to $38 million.
  • 2The company says year-to-date revenue rose 538% versus the same period in 2025.
  • 3Funds go to licensing, hiring, local payment rails and a New York office.

The news

Noah stablecoin payments startup Noah said on October 7, 2026, that it raised $16 million in new funding, closing a seed round that now totals $38 million. The UK company builds rails that let businesses move money between traditional currencies and stablecoins.

The extension adds to $22 million Noah raised earlier in the seed round, which it announced in June 2025, according to PYMNTS. Endeit Capital, FJ Labs, LocalGlobe and Felix Capital took part in the new tranche alongside angel investors, Tech.eu reported. Tech.eu said earlier backers included LocalGlobe and Felix Capital, plus angels Joe Lonsdale, a Palantir co-founder, and David Helgason, a Unity Technologies co-founder.

Noah offers application programming interfaces (APIs), software hooks other companies plug into their own products, that connect fiat money to stablecoins. Stablecoins are crypto tokens designed to hold a steady value, usually pegged to the US dollar. The company says it is live in more than 150 markets and supports more than 60 currencies.

The growth figures come from the company. Noah said its revenue so far in 2026 is up 538% compared with the same period in 2025, that it has seen 31% recurring monthly growth and that it signed more than 150 new customers year to date, as reported by PYMNTS. It did not disclose revenue in dollars or a valuation in the materials we reviewed.

Noah said it will use the money to widen its regulatory footprint, hire engineering and compliance specialists, deepen links with local payment rails and open an office in New York to speed up its US expansion. Co-founder and CEO Shah Ramezani, who leads a founding team that Tech.eu says includes former Visa and Adyen executives, said Noah wants to make one-click international transactions possible everywhere.

The numbers

Total seed round
$38 million
October 2026 extension
$16 million
Earlier seed tranche (June 2025)
$22 million
YTD revenue growth vs 2025 (company figure)
538%
New customers signed YTD (company figure)
150+
Markets live
150+

Why CEOs should care

For CFOs and treasurers who pay suppliers, contractors or staff abroad, the round is another sign that stablecoin settlement is moving from crypto trading into ordinary business payments. The practical question is cost and speed versus correspondent banking and card networks. Ask your bank and payment providers what a stablecoin leg would do to fees, settlement time and foreign exchange spreads on your top corridors, and who holds the funds while they are in transit.

Compliance and risk leaders should look past the growth figures. Noah stresses compliance at both ends of a transfer, which is the right emphasis, but each provider's licenses differ by country. Before signing, request a list of the licenses held in your corridors, the stablecoin issuers used, how reserves are attested, and what happens to your money if the provider or issuer fails.

Boards and investors should read a $38 million seed round as a signal about expectations, not proof of durability. Company-reported percentage growth from an undisclosed base says little about scale. Vendors that win here will likely be the ones that hold licenses, connect to local rails and survive a market downturn.

The bigger picture

Investors backing payment infrastructure, rather than tokens, are betting that stablecoins become a settlement layer underneath familiar business tools such as payroll, payouts and treasury software. Noah's push into the US, with a New York office, puts it in a market where banks, card networks and fintechs are all testing stablecoin products.

The open question is regulation. Rules for stablecoin issuers and payment firms differ across the US, UK and Europe, and providers that operate in 150 markets carry a heavy compliance load. That is why Noah says much of the new money goes to its regulatory footprint and compliance hiring.

What’s next

Watch for Noah to announce new licenses, local payment rail partners and the opening of its New York office, and for any disclosure of transaction volumes or revenue in dollars that would show how large the business has become.

What “Fact-checked” means

Fact-checking means testing a story’s facts against the evidence before it is published. This story went through at least two separate checks before this version was published.

What we checked
Its names, figures, dates, job titles, quotes and who said what were checked against the story’s sources, including its main source where it could be opened. The headline was checked for accuracy and overstatement.
How
A first check reviewed the whole story. If it passed, a second, skeptical check went back to the sources to look for mistakes in the most important facts. If a check flagged the story, it was edited to fix the problems found, and a separate re-check then reviewed the whole story again.
Who
The checks are made by our newsroom, as steps kept separate from the writing, under rules set by our editor, . A story the checks still flag is held for the editor, who decides whether it is fixed, published or dropped.
If something is wrong
“Fact-checked” does not mean error-free. If a material error is found after publication, we correct the story and add a note saying what changed. Report an error

How we fact-check →

NoahStablecoinsCross-border paymentsVenture capital

Written by

Editor · Technology & Business Writer

Hussein is a writer and business technology enthusiast focused on the intersection of technology, entrepreneurship, finance, artificial intelligence, and digital innovation.

CoversAICybersecurityBig TechSaaSStartupsFintech

About this story. Researched from primary sources whenever they are available and fact-checked before publication.

Published by Tech CEO Daily, an independent publication. Masthead · Editorial standards

Follow Tech CEO Daily on Facebook for the day’s top stories in your feed.

Free newsletters

The technology briefing for people running businesses.

Daily, weekly, bi-weekly or monthly. You choose.

How often

The Daily Brief · Monday to Saturday, 7 a.m. ET

Free forever. One click to unsubscribe. We never sell your email.