When was Cedar founded?

Cedar was founded in 2020 and raised its 1st funding round 5 years after it was founded.

Where is Cedar located?

Cedar is headquartered in Tel Aviv, Israel.

How many employees does Cedar have?

As of Sep 30, 2026, the latest employee count at Cedar is 20.

Is Cedar a funded company?

Cedar is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 30, 2025.

When was the latest funding round of Cedar?

Cedar's latest funding was a $***** Seed round on Jan 30, 2025, with participation from 5 investors.

Where does Cedar rank among its competitors?

Cedar ranks 155th amongst 1284 active competitors, of which 152 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Airwallex, which secured $320M in Jun, 2026.

Who are the top competitors of Cedar?

Cedar's top competitors include Remitly, Payoneer and Airwallex. Among them, Airwallex secured the most recent funding round in June, 2026.

Cedar - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cross-border money transfer solution for businesses. Enables businesses to transfer payments across borders with currency exchange rate solutions. Provides two-factor authentication solution for business accounts.

Website: www.cedar.money/
Email ID: *****@cedar.money

Key Metrics

Founded Year

2020

Location

Tel Aviv, Israel

Stage

Seed

Total Funding

$9.9M in 1 round

Latest Funding Round

Seed, Jan 30, 2025, $*****

Investors

QED Investors & 5 more

Ranked

155^th among 1284 active competitors

Employee Count

20 as on Sep 30, 2026

Similar Companies

Payoneer & 670 more

View Cedar's full profile

Cedar has raised a total funding of $9.9M over 1 round. Its latest funding round was a Seed round on Jan 30, 2025 for $*****. 5 investors participated in its latest round. Cedar has 6 institutional investors.

Here is the list of recent funding rounds of Cedar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2025	6095878	Seed	4455112	1509088	6591226	8818485

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View details of Cedar's funding rounds and investors

Cedar's employee count trend

Cedar has 20 employees as of Sep 26. Here is Cedar's employee count trend over the years:

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Top competitors of Cedar include Remitly, Payoneer and Airwallex. Here is the list of Top 10 competitors of Cedar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 39 others	85/100
2nd	Payoneer 2005, New York City (United States), Acquired	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 24 others	84/100
3rd	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
4th	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
5th	Wise 2011, Shoreditch (United Kingdom), Public	Provider of international money transfer and multi-currency	$397M	Valar Ventures, Baillie Gifford & 107 others	78/100
6th	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	RRE Ventures, Lerer Hippeau & 8 others	76/100
7th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	74/100
8th	XTransfer 2017, Shanghai (China), Series D	Provider of cross-border trade payment platform for global businesses	$168M	lhcp.com, D1 Capital Partners & 12 others	73/100
9th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 13 others	71/100
10th	TazaPay 2020, Singapore (Singapore), Acquired	Provider of cross-border payment solutions for businesses to collect, hold, and pay seamlessly across the globe	$57.9M	Peak XV Partners, January Capital & 18 others	71/100
155th	Cedar 2020, Tel Aviv (Israel), Seed	Cross-border money transfer solution for businesses	$9.9M	QED Investors, Stellar & 4 others	38/100