About
Simplifying Cross-border Transactions for Businesses
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.
Identity
| Name | Cedar |
|---|---|
| Slug | cedar |
| Type / kind | startup |
| Source _id | XPp9pzi3xYowJxBxvUYD6IGdx3knELjdf9yTxlDh254MuWfos1QMsz |
Status
| Status | active |
|---|---|
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ city | Tel Aviv-Jaffa |
| HQ address | Derech Menachem Begin 150, Tel Aviv-Jaffa, 6492105, Israel |
Web & social
| Website | https://www.cedar.money |
|---|---|
| https://www.linkedin.com/company/92718409 | |
| https://www.facebook.com/profile.php?id=100094345650211 |
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & Interfaces
Target customers
Financial ServicesFinancial InstitutionsConsumersFinancial & Real Estate
Business models
B2B
Tags
transactionspayments
Funding
| Total raised | $9.9M |
|---|---|
| Current stage | Seed |
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