Catenaa, Wednesday, June 18, 2025- Noah, a stablecoin infrastructure platform, has secured $22 million in seed funding to build out its global stablecoin payment network with the London-based venture capital firm LocalGlobe leading the round, the project announced last Tuesday (3).
Additional participants in the funding round included Felix Capital and FJ Labs. Notable angel investors, such as Palantir co-founder Joe Lonsdale, former Unity Chief Executive Officer David Helgason, and former Adyen Chief Technology Officer Alexander Matthey, also contributed.
Noah intends to use the capital to develop a regulated fintech service. This service will bridge fiat currencies and stablecoins through web and mobile applications, creating a comprehensive payment network.
The funding announcement coincides with confirmation that Thijn Lamers, a former executive at fintech giant Adyen, has joined Noah as co-founder and president.
Shah Ramezani, a former UBS analyst, is Noah’s co-founder and chief executive officer.
Noah claims to have already processed more than 1 billion dollars in transaction volumes. The platform allows users to convert between 50 currencies and transfer money across 70 countries in real time.
