Cedar
Simplifying Cross-border Transactions for Businesses
Startup Seed Fintech & Insurtech Est. 2022
Total Raised
$9.9M
Seed
Last Round
$9.9M
1 rounds
Investors
3
3 public
Team
4
11-50 employees
Confidence
75/100
About
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.
Classification
Sector
Fintech & InsurtechMoney Transfer & Management
Core Technology
Platforms & Interfaces
Target Customer
Financial ServicesFinancial InstitutionsConsumersFinancial & Real Estate
Business Model
B2B
Tags
transactionspayments
Funding & Events
Jan 2025
Seed $9.9M
QED Investors (Lead), Wischoff Ventures, Lattice Capital
Details
Product Stage
Released
Employees
11-50
Exact Count
18
Founded
2022
Registrar
516634151
Locations
Derech Menachem Begin 150, Tel Aviv-Jaffa, 6492105, Israel
7 Ibiyinka Olorunbe, Victoria Island, Lagos 101241, Lagos, Nigeria
201 Haverstock Hill, Belsize Park, London NW3 4QG, UK
50 W 23rd St, New York, NY 10010, USA
405 Cameron St, Alexandria, VA 22314, USA
Links
Website
LinkedIn
Facebook
Admin
Last Update
May 6, 2025
Verified by
Jenny Sotnik-Talisman
Missing
sector, tags, video or image, news, markets, not claimed
Team (4)
Benjy Feinberg
Founder & CEO
Founder
Maya Har-Noy
VP Financial Strategy
Nir Atar
VP Growth
Aviv Mor
VP R&D
Internal
Created by
Doron Bobman (doron.b@sncentral.org)
Created
2025-03-05T00:00:00.000Z