Noemon

Table of Contents

Dimitrios Kavvathas came back. He'd spent twelve years at Goldman (partner since 2008), done a stint as Chief Strategy Officer at Amber Group, and sat on Hex Trust's advisory board before founding Ithaca Protocol with us in 2023. Two years into shipping derivatives infrastructure on Arbitrum, he opened the next chapter: a regulated business-payments group, Cyprus-incorporated, licensed to handle the parts of fintech crypto doesn't yet touch. He brought us in to co-build that one too.

That's Noemon. Three sister entities under Noemon Holdings, all incorporated in Cyprus on the same day in October 2021. Noemon Money for business eWallets and virtual IBANs. Noemon Tech for crypto-asset services. Noemon Finance for investment services. The CASP and CIF licences landed in late 2024 after three years of regulatory work, and the consumer-facing products went live alongside.

Co-building the regulated stack

Our work at Noemon is product co-building, focused on the customer-facing layer: the Noemon Money product, the onboarding flows, the noemon.money brand surface. As Noemon Tech's CASP-licensed crypto services and Noemon Finance's CIF-licensed brokerage come online through 2026, the partnership widens across the rest of the stack.

Regulatory framing matters here. Noemon Money is not itself an EMI. It runs as an Electronic Money Distributor for Sureswipe E.M.I. PLC, a Cyprus-licensed Electronic Money Institution supervised by the Central Bank of Cyprus. Sureswipe is passported across the 30 EEA countries, which is the legal mechanism behind Noemon Money's 60+ country reach. SWIFT corridors cover everything else.

The story so far

October 2021 is the founding date for the corporate structure: Noemon Money, Noemon Tech, and Noemon Finance all incorporated in Cyprus on the same day. The product wave came later, gated by the regulatory work. By August 2023 Kavvathas was Director of Noemon Holdings. November 2024 brought the CASP licence (014/24) for Noemon Tech, authorising crypto-asset exchange, custody, and transfer services with passporting into France. December 2024 brought the CIF licence (449/24) for Noemon Finance, authorising the full Tier-1 investment-services menu plus a MiCAR Article 60 notification, with passporting into 28 EU/EEA states.

By 2025 the consumer-facing brands were in market. Noemon.money launched as the business-payments front door, noemon.tech as the crypto services brand, noemon.finance as the multi-asset brokerage with 1.5M+ instruments. The strategy is the regulated ecosystem: money, crypto services, investments, and tokenisation under one group structure.

Products

Noemon Money

Noemon Money is the business eWallet. Cross-border payments via SEPA and SWIFT, virtual IBANs, multi-currency treasury, business and personal account tracks. The customer footprint is 60+ countries via EEA passporting and SWIFT corridors. This is the part of the group we've been co-building most directly.

Noemon Tech

Noemon Tech is the CASP-licensed crypto services arm: crypto-to-crypto exchange, custody, and transfer services, with the licence passported into France via free-provision-of-services. Its scope expands the Noemon proposition into the parts of digital-asset services that Money's EMD framework can't cover.

Noemon Finance

Noemon Finance is the investment-services arm: a CIF-licensed multi-asset brokerage offering 1.5M+ instruments with the full Tier-1 permission stack (reception/transmission, execution, dealing on own account, portfolio management, advice). It is listed on Bank of Lithuania, FSMA Belgium, and AMF France white lists.

Regulated footprint

Metric	Snapshot
Reach	60+ countries (Money, via EEA passporting and SWIFT)
Licensed entities	Noemon Tech (CASP 014/24, Cyprus, Nov 2024); Noemon Finance (CIF 449/24, Cyprus, Dec 2024)
Distribution partner	Sureswipe E.M.I. PLC (Money's EMI, Central Bank of Cyprus 115.1.3.26/2018)
Investment scope	1.5M+ instruments (Finance brokerage)
Founder	Dimitrios Kavvathas (also founder of Ithaca Protocol; advisor to Hex Trust; ex-Goldman Sachs partner)

Money handles the fiat plumbing. Tech handles crypto rails. Finance handles investment services. Holdex's work starts with the customer-facing layer and gives the regulated stack a product surface people can actually use.