Noah has closed a USD $38 million seed funding round, including a USD $16 million extension backed by Endeit Capital, FJ Labs, LocalGlobe, Felix Capital and other investors.

The stablecoin payments infrastructure provider will use the funds to expand in the US, including opening a New York office, and to grow its network across more than 150 markets and 60 currencies.

Noah added more than 150 customers this year as businesses and financial institutions increased their use of stablecoin-based cross-border payments. Revenue rose 538% year on year in 2026 and 31% month on month.

The company provides cross-border payment services directly to enterprises and individuals, and also works through partners including consumer platforms, fintechs, neobanks and workforce platforms. Its model connects stablecoin settlement to local payment rails rather than traditional correspondent banking chains.

It plans to use the money to expand its regulatory footprint, hire more engineering and compliance staff, and deepen links with local payment systems in its busiest markets.

The funding comes as payment groups and their customers seek alternatives to long-established cross-border banking routes. Industry figures cited by Noah show cross-border payments reached USD $208 trillion in 2025, generating an estimated USD $625 billion in annual revenue for banks and intermediaries.

Small and medium-sized business payments account for a relatively small share of those flows, but a larger share of banks' revenue. According to the figures, those businesses pay USD $194 billion a year in fees, foreign exchange spreads and operational charges.

Noah said stablecoin use in the small and medium-sized business market is rising quickly.

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