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Cedar

Founded 2022 · 22 employees on LinkedIn · 10 known investors

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Cedar is a cross-border payments platform that uses stablecoins to enable businesses to send and collect funds across Africa and global markets, with next-day (T+1) settlement, multi-currency support (USD, EUR, GBP, AED, and African currencies), and compliance tooling. It serves importers, exporters, digital commerce platforms, enterprises, and financial institutions handling international B2B payments.

Crypto & Web3Enterprise SoftwareFintech

Founders & leadership

Cedar was founded in 2022 by Benjy Feinberg.

BFBenjy Feinberg
Benjy FeinbergFounder

Investors · 10

Digital Currency Grouplisted by Digital Currency GroupNew York

How we know: Digital Currency Group's portfolio page · the VCSheet dataset · Not right? Tell us

Lattice Capitallisted by Lattice CapitalDover · $500K – $1.5M

How we know: the VCSheet dataset · Not right? Tell us

NIVlisted by NIVNew York · $500K – $5M

How we know: the VCSheet dataset · Not right? Tell us

Node Capitallisted by Node CapitalGibraltar

How we know: Node Capital's portfolio page · the VCSheet dataset · Not right? Tell us

Picks and Shovels (Picks & Shovels)listed by Picks and Shovels (Picks & Shovels)Santa Monica · $100K

How we know: the VCSheet dataset · Not right? Tell us

Zero Knowledgelisted by Zero KnowledgeSan Francisco

How we know: Zero Knowledge's portfolio page · Not right? Tell us

Andreessen HorowitzreportedMenlo Park · $500K – $50M

How we know: medcitynews.com · Not right? Tell us

JP Morgan ChasereportedNew York

How we know: medcitynews.com · Not right? Tell us

Wischoff VenturesreportedNashville · $750K – $1M

How we know: the VCSheet dataset · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 4

CircleCircle provides a full-stack platform for digital finance, combining blockchain infrastructure, stablecoins (USDC, EURC), and payment networks to enable borderless value exchange and financial access globally. The company operates with regulatory compliance across major jurisdictions and serves financial institutions, businesses, and individuals participating in the digital economy.
StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
WiseWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
BVNKBVNK provides payments infrastructure and cross-border payment technology for fintechs and businesses. The platform supports multi-rail, multi-asset transactions globally with enterprise-grade processing capabilities.

Companies working in the same space as Cedar.

Frequently asked questions

What does Cedar do?
Cedar is a cross-border payments platform that uses stablecoins to enable businesses to send and collect funds across Africa and global markets, with next-day (T+1) settlement, multi-currency support (USD, EUR, GBP, AED, and African currencies), and compliance tooling. It serves importers, exporters, digital commerce platforms, enterprises, and financial institutions handling international B2B payments.
Who founded Cedar?
Cedar was founded by Benjy Feinberg in 2022.
Who are Cedar's investors?
Cedar's investors include QED Investors, Digital Currency Group, Lattice Capital, NIV, Node Capital, Picks and Shovels (Picks & Shovels), Zero Knowledge, Andreessen Horowitz and 2 more.