The story of the foundation startup has a familiar arc: Drop Out College, the launch of an emerging company, billionaires, public relations, and then riding to sunset as an angel investor in the 1940s. This is not Thijn Lamers. Former Executive Director of the $ 60 billion giant Fintech, Lamers, who was in his fifties, but refused to determine his careful age, who was announced on Tuesday and is now the president and founder of Stable Startup Noah. He said, “I get a lot of energy from construction.” “I feel I have energy (when I) 25.”
Lamers advertisement coincided with news that Noah raised $ 22 million in the seed financing round led by Localglobe, a group of veteran capital in Europe. Among the other participants include Felix Capital and FJ Labs, as well as an angel investors such as Palantir Cofetner Joe Lonsdale and Alexander Matthey, the former CTO in Adyen.
Noah, the founder and CEO Shah Ramzani, a 33 -year -old former UBS analyst, refused to reveal the evaluation of the start of operation, but he said, in reference to decades of Lammers’ experiences, “There was a fold allowance.”
The husband joins a crowded field. Stablecoins, or cryptocle -related currencies in the real world like the US dollar, has become a noisy technique between VCS. Investors have accumulated in a group of startups who have promised to use digital symbols to accelerate cross -border transactions and reduce fees from bank transfers.
Even large technology like Stripe and Big Tech Stalwarts like Meta notice. With the Gangbuster General subscription from Stableco Issuer Circle, others may look forward to repeating their success.
However, Lamers and Ramezani believed they have an advantage. “I would like to say that the most important thing is in payments, and for this reason it leaked from the Massachusetts Institute
His comment confirms how Fintech giants build competitive trenches through relations with organizers, clients and banking partners. Certainly, Lamers, who led global sales in Adyen, bring a network with him, including relations with former executives of major technology companies such as Rideshare Giant Uber. “Everything is credible,” said Lameers.
In fact, the most successful technology founders, on average, is 45 years old, according to 2018 analysis From Harvard Business Review.
Investor for the founder
Lamires, who left convicted in 2018, met Ramzani as an investor, not a founder. In 2022, Ramezani began exploring how to use encrypted currencies for payments. He played the first game with Bitcoin Before he decides to raise funds to start offering access to an application programming interface or application programming interface, which allows software developers to easily transfer money using Stablecoins.
Ramzani said: “We are really building” Noah’s sarcophagus “to save everyone from the enlargement of the mass currency,” explaining the reasons behind the starting name.
Lamers became so interested in the Ramezani project that only, instead of investing, joined the founder in June 2024. Now, the couple grew NOAH products offers to allow users to transfer between 50 currencies and transfer money between 70 countries in actual time-as is the opposite waiting for days to clarify banking wires. So far, the company has processed more than a billion dollars in transactions, according to Ramzani.
“This man has a lot of energy, I, like, actually in vain,” Ramzani said, referring to his founder. “Thijn is really like a monster.”
This story was originally shown on Fortune.com
The post Exclusive: Stablecoin startup Noah raises $22 million, adds Adyen vet as cofounder first appeared on Investorempires.com.
