Noah Completes $38 Million Seed Round for Stablecoin Payments
The payments infrastructure company plans to expand international remittances, serve businesses and individuals, and broaden its regulatory presence.
Noah has completed a $38 million seed funding round to expand its stablecoin-based cross-border payment services for businesses and individuals.
Endeit Capital, FJ Labs, LocalGlobe and Felix Capital participated, along with multiple notable angel investors.
The stablecoin payments infrastructure company plans to direct the proceeds toward its international remittance business and broader regulatory presence. The expansion is intended to support cross-border payments for both companies and individual customers.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.