๐ Cedar Money has just secured $9.90M in its latest funding round! ๐
๐นAbout: Cedar Money is a cutting-edge payment platform that leverages blockchain technology and stablecoins to facilitate cross-border transactions. Founded in 2022 and headquartered in Tel Aviv, Israel, Cedar Money aims to address the inefficiencies of traditional banking systems by offering secure, transparent, and efficient payment solutions. The platform provides competitive foreign exchange rates, robust fraud detection, and real-time transaction monitoring. By combining advanced technology with a user-friendly interface, Cedar Money enables businesses to execute and receive payments globally without the need for multiple banking relationships. The company recently raised $9.9 million in seed funding to support its growth and expand its services. Cedar Money's innovative approach has the potential to revolutionize cross-border payments, making them more inclusive, efficient, and cost-effective. ๐๐
๐น Lead Investors: Stellar Development Foundation, Lattice, North Island Ventures, Wischoff Ventures, QED Investors.
๐น Total Raised: $9.10M.
๐น Project Category: Blockchain Service, Payments.
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