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Cedar Money Completes $9.9M Seed Round

2025-01-30
NEW YORK, NY, Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round.
The round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The funding will enable Cedar Money to accelerate its mission of transforming international money flows using cutting-edge payment infrastructure.

Founded in 2022, Cedar Money was created to transform the global payment landscape by pioneering modern approaches to international money flows. Leveraging stablecoins, Cedar Money rewires outdated SWIFT and correspondent banking network rails with innovative infrastructure. By enabling seamless and efficient money movement across geographies, Cedar Money bridges gaps between emerging and developed markets, ensuring compliant and secure transactions for businesses worldwide.
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