Last updated 2026-06-18
- Raised $9.9M funding round led by QED Investors, Jan 2025
Total raised
$9.9M
Last: 2025-01
Stage
Seed
Founded
2022
Headcount
18
HQ
Tel Aviv-Jaffa, Israel
Sector
Fintech & Insurtech
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.
Funding history · 1 round · $9.9M total
2025-01
Q&A
- What is Cedar's primary business activity?
- Cedar simplifies global business payments by providing fast, secure, and cost-effective solutions for cross-border transactions, particularly for businesses in Africa.
- When was Cedar founded?
- Cedar was founded in January 2022.
- How much funding has Cedar raised to date?
- Cedar has raised a total of $9.9 million in funding.
- Which investors participated in Cedar's most recent funding round?
- In January 2025, Cedar raised funding from investors including QED Investors.
- What is Cedar's current employee count?
- Cedar has an employee count in the 11-50 range.
- In which countries does Cedar operate?
- Cedar operates in Nigeria, Kenya, and Ivory Coast, with payout capabilities in over 130 countries.
- What is Cedar's primary sector classification?
- Cedar's primary sector is Fintech & Insurtech.
- What are the key features of Cedar's payment solutions?
- Cedar's solutions integrate multiple financial institutions to enable smooth cross-border transactions with competitive exchange rates and quick settlements, supporting high-volume payments up to $30 million.
Team · 1
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & Interfaces
Target customers
Financial ServicesFinancial InstitutionsConsumersFinancial & Real Estate
Business model
B2B
Tags
transactionspayments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | cedar.money |
|---|---|
| linkedin.com/company/92718409 | |
| facebook.com/profile.php?id=100094345650211 |
Identifiers & details
| Founded | 2022-1 |
|---|---|
| Employees (exact) | 18 |
| Offices | Lagos; United Kingdom; New York; Alexandria |
Radar intelligence
Open jobs — ashby
| Total open | 3 |
|---|---|
| Remote | 3 |
| Title | Location | Department |
|---|---|---|
| Head of Transaction Support and Admin | ||
| Sales Lead, National Partnerships & Mortgage Originators | ||
| Cedar Home Advisor |
Patents
| EPO | 1630 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
GitHub
| Top repos | cedar, plugins, juniper |
|---|
Web history (Wayback)
| Domain | cedar.money |
|---|