On October 7, stablecoin payment infrastructure provider Noah announced an additional $16 million in funding, completing a total of $38 million in seed financing. Investors include Endeit Capital, FJ Labs, LocalGlobe, Felix Capital, and several angel investors. Noah reported a 538% increase in revenue in 2026 compared to the same period in 2025, with a monthly revenue growth of 31% and over 150 new clients acquired this year, spanning global platforms and financial institutions in remittances, fintech, online trading, and payroll sectors. Currently, Noah operates in over 150 markets, supports more than 60 currencies, and provides cross-border payment infrastructure for businesses and individuals through direct services and partner channels. The new funds will be used to expand regulatory coverage, recruit engineering and compliance personnel, and strengthen connections with local payment networks in key trading markets. Noah also plans to open an office in New York to accelerate its expansion in the U.S. market. Co-founder and CEO Shah Ramezani stated that the company aims to achieve one-click international transfers while ensuring compliance in both the outbound and inbound fund transfer processes.
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