Noah, a stablecoin payments infrastructure provider, has secured regulatory approval to offer digital asset payment services across the European Union after obtaining a Markets in Crypto-Assets Regulation (MiCA) crypto-asset service provider (CASP) licence and a second Payment Services Directive (PSD2) payment institution (PI) licence.
The approvals allow Noah to provide regulated digital asset services alongside traditional fiat payments across all 27 EU member states under a unified regulatory framework. The company can custody, exchange and transfer stablecoins for clients, as well as process fiat payments through credit transfers, and is positioned to pursue direct access to the Single Euro Payments Area (SEPA) network.
Noah secured the authorisations within a relatively short timeframe, with the PI licence granted in approximately one month and the CASP licence in around two months.
The dual approvals mean customers can use a single regulated provider rather than coordinate local banking arrangements or obtain and maintain their own licences. Noah describes the development as a step towards establishing stablecoins as regulated payment infrastructure, positioning the company to support businesses seeking to integrate digital assets into their payment operations.
The European approvals extend Noah’s network to more than 150 markets and 60 currencies, enabling clients to move between fiat currencies and stablecoins in both directions while accessing locally compliant payment services. The licences complement the money transmitter licences Noah holds across the US and its Payment Service Provider registration in Canada.
By managing regulatory requirements on behalf of its customers, Noah allows businesses to submit know-your-customer (KYC) and know-your-business (KYB) information once to access its services. Its security controls are also audited under SOC 2 Type II.
The company now holds more than 40 licences, registrations and approvals, supporting businesses seeking to launch digital asset payment services across the US, Canada and the EU within weeks. This compares with the months or years that obtaining certain regulatory authorisations can take.
Noah develops infrastructure connecting digital asset settlement with local payment networks, enabling businesses to transfer money across borders without relying solely on traditional correspondent banking arrangements. The company aims to make cross-border payments faster and more efficient through its digital asset infrastructure.
The licensing announcement follows Noah’s $16m seed extension, announced on 7 October, which brought its total seed funding to $38m. The company said part of the capital would support further regulatory expansion.
Noah has added more than 150 customers in 2026 across remittances, FinTech, marketplaces and payroll. Its year-to-date revenue has also increased by 538% compared with the same period in 2025.
Noah CEO Shah Ramezani said, “We made a bold call early: get licensed in the toughest, largest markets first. Europe, the US and Canada are now in place, and more tier-1 markets are on the way. Every licence we add today is a market our customers can launch tomorrow.”
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