Crypto Startup Noah Raises $22 Million, Because Why Not? š¤£š
Stablecoin-focused fintech Noah has managed the impossible: raising $22 million in seed funding to build some fancy API platform for real-time cross-border crypto payments. Because who needs borders, right? Or patience? Or banks? š¤š°
Adyen Veteran Joins Stablecoin Startup Noah as $22 Million Seed Round Closes
Stablecoin payments startup Noah has scored a cool $22 million, because apparently, the world still believes in magic money that moves faster than your Wi-Fi. This cash injection is meant to expand their so-called API platform for, get thisāseamless, real-time, cross-border crypto payments. Because old-fashioned wire transfers are so last century, right? ššø
According to Fortune Crypto, the round was led by Europe-based venture firm Localglobe, with a guest appearance from Felix Capital, FJ Labs, and some notable angels like Palantir cofounder Joe Lonsdaleābecause who doesn’t want to be angel-invested by folks whose names sound like superhero aliases?
Founded by former UBS analyst Shah Ramezani, Noah promises an API platform that enables developers to add stablecoin payments across 70 countriesāno more waiting days for your money to crawl across oceans. The company boasts processing over $1 billion in transactionsābecause apparently, in the world of crypto, billion is just chump change. š¼š
And wait for itāThijn Lamers, an ex-executive VP from fintech giant Adyen, has joined as cofounder and president. Industry connections? Check. Navigating complex regulatory networks? Check. Because in the land of crypto dreams, connections are everythingāeven when youāre just trying to send a dollar abroad without losing your mind or your money. š¤Ŗ
While giants like Stripe and Meta eye stablecoins with the kind of fascination usually reserved for UFOs, Noahās bet on infrastructure over customer apps might just make it the underdog that nobody saw comingāor maybe just laughed at until it wins. With new funding in hand, they aim to make borderless blockchain money movement as easy as clicking āsendāāminus the existential dread, hopefully. š

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2025-06-11 15:06