About
Empowering global commerce with instant cross-border transactions.
Cedar Money: B2B platform simplifying cross-border payments in emerging markets. Fast, secure, scalable solutions for businesses to send/receive payments in 50+ countries, payouts to 190+. Leverages stablecoins for efficient transactions. No subscription fees, only transaction fees apply.
Use Cases
Cross-Border Business Payments
Business senders securely transfer funds to suppliers in 50+ countriesefficiently with transparent rates and fast settlements.
Mass Payouts for Global Workforce
Companies distribute salaries or commissions to remote employees or partners in190+ countries in 130+ currencies.
Stablecoin Transactions for Speed
Firms use stablecoins on Cedar to perform quick, low-cost cross-border payments with improved security.
Mobile Payment Management
Businesses manage and track international transactions on the go with the CedarMoney iOS and Android apps.
Key Features
Stablecoin Payment Solutions
- Cedar Money simplifies cross-border B2B payments using stablecoins, enablingbusinesses to receive funds quickly and securely.
- The platform uses a combination of regulated stablecoins and fiat mechanismsto improve the outdated SWIFT and correspondent banking network.
- Cedar Money leverages stablecoins to facilitate faster, cheaper, and moresecure payments.
- Cedar Money raised $9.9 million in seed funding to support the growth of itspayments software that uses stablecoins to facilitate cross-border payments.
- Cedar Money's platform adapts to global payment needs using both blockchainand traditional rails, making cross-border transactions simple, scalable, andsecure.
Benefits for Emerging Markets
- Cedar Money addresses the complexities of payments in underdeveloped markets,bridging gaps and enabling efficient money flow between emerging and developedmarkets.
- The platform is purpose-built for emerging markets like Africa, focusing onhigh-volume, dollar-scarce regions.
- Cedar Money allows customers in underdeveloped markets to settle payments inlocal currencies without managing FX complexities.
- The company helps businesses in Africa, the Middle East, and South Americareceive U.S. dollars for imports, even when buying from countries like China.
- Cedar Money streamlines cross-border payments, making it easier for exporters to collect and disburse funds in African currencies,reducing transaction fees and offering quick settlement times.
Headquarters
🇺🇸 New York, NY
Website
cedar.money
$30M
daily high-volume transaction limit
$9.9M
seed funding raised using stablecoins