Cedar
Simplifying Cross-border Transactions for Businesses
StartupCedar is a Tel Aviv-Jaffa-based startup in the Fintech & Insurtech sector, established in 2022. Simplifying Cross-border Transactions for Businesses. The company has raised a total of $9.9M across 1 funding round, currently at the Seed stage. Cedar was founded by Benjy Feinberg. Key investors include QED Investors, Wischoff Ventures, Lattice Capital. The company has 11-50 employees. Core technologies: Platforms & Interfaces.
With $9.9M in total funding, Cedar is a Seed-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released.
- StageSeed
- ProductReleased
- ModelB2B
- Employees11-50
- HQTel Aviv-Jaffa
- Last Round$9.9M
- QED InvestorsLead
- Wischoff Ventures
- Lattice Capital
Benjy FeinbergFounder & CEO
What does Cedar do?
Cedar simplifies global business payments with fast, secure, and cost-effective solutions. By integrating multiple financial institutions, it enables smooth cross-border transactions with competitive exchange rates and quick settlements. Supporting high-volume payments up to $30 million, Cedar helps businesses—especially in Africa—manage finances efficiently. Founded in 2022 by Israeli finance and technology experts, Cedar operates in Nigeria, Kenya, and Ivory Coast, with payout capabilities in over 130 countries. Cedar was developed by MBD FINANCE TECHNOLOGY Ltd.
How much funding has Cedar raised?
Cedar has raised $9.9M in total funding across 1 rounds. The company is currently at the Seed stage. Key investors include QED Investors, Wischoff Ventures, Lattice Capital.
Who founded Cedar?
Cedar was founded in 2022 by Benjy Feinberg (Founder & CEO).
What sector is Cedar in?
Cedar operates in Fintech & Insurtech, Money Transfer & Management, with core technologies in Platforms & Interfaces. Target customers: Financial Services, Financial Institutions, Consumers, Financial & Real Estate.
Where is Cedar located?
Cedar is based in Derech Menachem Begin 150, Tel Aviv-Jaffa, 6492105, Israel. The company also has offices abroad.