Company
Our mission & vision statement
Cedar Money provides cross-border payment infrastructure that helps businesses transact globally with faster settlements, efficient FX, and seamless money movement.

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 registered as a Money Services Business (MSB) with FinCEN in the United States (Registration No. 31000310586703), with FINTRAC in Canada (Registration No. C100000878) and as a Payment Services Provider with the Bank of Canada.
We’re building the infrastructure that makes businesses work in emerging and global markets, without friction.

Founded by
Benjy Feinberg (CEO)
Team members
across 4 countries
Countries supported
for global payments
We’re proud to partner with forward-thinking investors like QED who share our vision of creating a truly global and inclusive financial ecosystem.
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.