{"id":9024,"date":"2025-01-31T07:02:58","date_gmt":"2025-01-31T06:02:58","guid":{"rendered":"https:\/\/shams-alyaoum.com\/en\/?p=9024"},"modified":"2025-01-31T07:02:58","modified_gmt":"2025-01-31T06:02:58","slug":"cedar-money-raises-9-9-million-seed-round-led-by-qed-investors-to-enable-cross-border-stablecoin-payments","status":"publish","type":"post","link":"https:\/\/shams-alyaoum.com\/en\/cedar-money-raises-9-9-million-seed-round-led-by-qed-investors-to-enable-cross-border-stablecoin-payments\/","title":{"rendered":"Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments"},"content":{"rendered":"<p class=\"bwalignc\"><b><i>Payments software utilizes modern rails to transform outdated money flows between emerging and developed markets<\/i><\/b><\/p>\n<div class=\"content  content-justify \">\n<p>&nbsp;<\/p>\n<p>Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed 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.<\/p>\n<p>Cedar Money\u2019s platform addresses the challenges of the correspondent banking network, a system dating back to the 1970s that has resulted in slow, expensive and complex processes, creating barriers for businesses. Cedar Money leverages stablecoins to deliver faster, more reliable and cost-effective cross-border payments between developed and emerging markets.<\/p>\n<p>By integrating blockchain technology on the backend with a user-friendly, familiar fiat-based interface, Cedar Money offers businesses a seamless and compliant payment solution..<\/p>\n<p>\u201cThe funding underscores the urgency for innovative payment solutions in a world where businesses face significant barriers in moving money across borders,\u201d said Benjy Feinberg, CEO of Cedar Money. \u201cWe\u2019re proud to partner with forward-thinking investors like QED who share our vision of creating a truly global and inclusive financial ecosystem.\u201d<\/p>\n<p>Since its inception, Cedar Money\u2019s tools have proven particularly impactful in regions where traditional payment systems are cumbersome, costly or inaccessible. With its compliance-first approach, Cedar Money bridges the fiat and stablecoin worlds, ensuring secure and regulated money movement globally.<\/p>\n<p>The announcement comes at a time of burgeoning market opportunities for stablecoins. Recent market activity and favorable sentiment around digital assets, driven in part by ongoing regulatory clarity and support, underscore the timeliness of Cedar Money\u2019s mission. Furthermore, the results of the U.S. presidential election have spotlighted the increasing importance of digital currencies in the global financial dialogue, amplifying the demand for efficient and compliant payment solutions.<\/p>\n<p>\u201cCedar Money\u2019s approach aligns perfectly with the positive momentum in the digital asset ecosystem, as businesses and governments alike recognize the transformative potential of stablecoins in enhancing cross-border money flows,\u201d said Feinberg.<\/p>\n<p>Added QED Investors Partner Gbenga Ajayi: &#8220;Cedar Money\u2019s innovative platform is not just transforming cross-border payments, it\u2019s creating a new paradigm in global finance. By leveraging stablecoin technology while maintaining a fully compliant and fiat-aligned user experience, Cedar Money is uniquely positioned to tackle the inefficiencies of the global financial system. We\u2019re thrilled to support their journey.&#8221;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Payments software utilizes modern rails to transform outdated money flows between emerging and developed markets &nbsp; Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The funding will enable &hellip;<\/p>\n","protected":false},"author":2,"featured_media":9025,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,26,17,20,25,2,24,23,27],"tags":[9,1310,1280],"class_list":["post-9024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-culture","category-economy","category-health","category-journalism","category-news","category-policy","category-sport","category-videos","tag-business","tag-general","tag-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments - Magazine Shams Al Yaoum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shams-alyaoum.com\/en\/cedar-money-raises-9-9-million-seed-round-led-by-qed-investors-to-enable-cross-border-stablecoin-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments - Magazine Shams Al Yaoum\" \/>\n<meta property=\"og:description\" content=\"Payments software utilizes modern rails to transform outdated money flows between emerging and developed markets &nbsp; Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. 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