Noah Secures £16m in Seed Funding for Stablecoin Platform
Deal News | Jun 11, 2025 | UK Tech Funding
Noah, a London-based fintech startup, has secured a seed funding round of £16m to develop its stablecoin payment infrastructure. This investment was led by LocalGlobe with participation from Felix Capital, FJ Labs, and others. Noah's platform aims to leverage the robustness of traditional fiat currencies combined with the efficiency and security of blockchain technology, thereby facilitating faster and cheaper cross-border payments compared to existing solutions. According to Noah's CEO, Shah Ramezani, the stablecoin market, projected to reach a $2tn valuation by 2028, promises to restructure global finance. Thijn Lamers, Noah's president, highlights the platform's potential in transcending current limitations by offering unprecedented global money movement capabilities. The funding indicates growing interest in stablecoin solutions as part of the financial ecosystem, aligning with gradual acceptance by the British government of crypto's future role.
Sectors
- Fintech
- Cryptocurrency
Geography
- United Kingdom – Noah is based in London, UK, and the article highlights the growing acceptance of cryptocurrencies in the British economy.
Industry
- Fintech – The article discusses Noah, a startup that is developing financial technology solutions specifically around stablecoins and cross-border payments.
- Cryptocurrency – Noah's focus is on building infrastructure for stablecoin payments, which are a class of cryptocurrency pegged to fiat currency values.
Financials
- £16m – The seed funding amount raised by Noah to develop its stablecoin payment platform.
- $2tn – The projected global market value of the stablecoin market by 2028, as estimated by Noah.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Noah | Target Company | Company | A London-based fintech startup developing infrastructure for stablecoin payments. |
| LocalGlobe | Lead Investor | Company | A venture capital firm that led the seed funding round for Noah. |
| Felix Capital | Investor | Company | A venture capital firm that participated in Noah's seed funding round. |
| FJ Labs | Investor | Company | Another venture capital firm involved in Noah's seed funding round. |
| Shah Ramezani | Chief Executive | Person | CEO of Noah who commented on the potential of the stablecoin market. |
| Thijn Lamers | President | Person | President of Noah, who discussed the transformative potential of their stablecoin solution. |
| British Government | Regulatory Context | Government | Shown warming to the idea of cryptoassets contributing to the future economy. |