Company
Our mission & vision statement
Cedar Money is the best cross-border payments infrastructure for emerging markets, enabling faster international transactions, FX management, and seamless movement between fiat and stable-coin rails. We make it easier for businesses to operate across Africa and the world.

Cedar Money is a financial technology company revolutionizing cross-border payments from emerging markets.
Founded in 2022, we set out to fix a persistent problem; global payments for businesses are still slow, costly, and fragmented, especially between Africa and the rest of the world.
By combining stablecoin with fiat rails, we’ve built a faster, more reliable, and cost-effective way for businesses to move money internationally.
Today, we’re a diverse team across Canada, the U.S., Israel, Serbia, and Nigeria; backed by 7+ investors led by QED Investors, and operating with regulatory registrations including FINTRAC (C100000878) and MSB with FinCEN (31000310586703).
We’re building the infrastructure that makes global business work, without friction.

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Founded by
Benjy Feinberg (CEO)
Team members
across 4 countries
Total raised in only
1 funding round.
We’re proud to partner with forward-thinking investors like QED who share our vision of creating a truly global and inclusive financial ecosystem.
Every award or recognition is a testament to our vision statement, culture and
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Our Team










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Cedar supports a variety of currencies, including USD, EUR, GBP, and many African currencies.
Using the Cedar platform is free and there are no subscription or set-up fees, however, transaction fees apply, which are reflected in the FX cost.
Cedar offers fast payment processing, with most payments being processed within 24 hours (T+1 settlements).
To open a new account, simply register here, or download Cedar Money App on your IOS or Google Play Store, and follow the on-screen instructions. You will need to provide some basic information about your business.
The onboarding and KYC process involves verifying your business identity and ensuring they comply with regulatory requirements. This may include providing documents such as your Certificate of Incorporation, National ID, Proof of Business Address, etc.
Stablecoins are digital assets pegged to a stable asset like the US dollar. They empower businesses to bypass traditional inefficiencies in cross-border payments, offering speed, cost savings, and reliability. When integrated with user-friendly platforms like Cedar Money, Stablecoins can revolutionize global B2B transactions. Cedar leverages stable coins to facilitate faster, cheaper, and more secure payments.
Cedar streamlines cross-border payments, making it easier for exporters to collect and disburse funds in African currencies. With Cedar, you can receive payments from African businesses directly into your bank account, eliminating the need for complex banking procedures, reducing transaction fees as well as offering quick T+1-T+2 settlement time.Cedar understands the problems African businesses face and hence can facilitate a much smoother collection process.
We strive to review and process onboarding applications as quickly as possible. Typically, the review process takes 2-7 business days.
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When you choose Cedar,you're choosing a platform that integrates multiple regulated financial institutions,transforming your global transactions into seamless local experiences.