About Cedar Money
Cedar Money is a personal finance software from Cedar Money that assists users in managing their financial health. It combines budgeting tools, expense tracking, and financial goal setting so users can maintain control of their finances. Cedar Money offers features such as customizable budgeting templates, real-time expense notifications, and financial insights based on spending habits. This helps users make informed decisions about their money management. The platform is designed to be user-friendly, allowing individuals to easily navigate their financial data and set achievable financial goals. Key capabilities: budgeting tools expense tracking financial goal setting customizable templates real-time notifications Best for: individuals and families that need a comprehensive solution for personal finance management.
Cedar Money is an active B2B cross‑border payments platform designed to simplify international business transactions, particularly between developed and emerging markets. Launched in 2022 by MBD Finance Technology Ltd., it enables fast and secure global payouts to over 190 countries, offering competitive foreign exchange rates and transparent fee structures. One of Cedar’s key strengths is its stablecoin‑enabled infrastructure, which significantly accelerates settlement times—often completing transactions within T+1—reducing the delays and high costs typical of traditional banking systems. The platform also supports high-volume transactions of up to approximately $30 million, making it suitable for enterprise-level operations. Businesses can manage payments conveniently through a mobile app, while a developer API allows automation and integration into existing workflows. Security and compliance are central to Cedar Money’s offering, with multi-factor authentication and continuous monitoring to protect enterprise transactions and build trust. However, the platform’s public documentation provides limited information on pricing tiers, support options are not extensive, and there is no in-app marketplace for extensions.
Pros & Cons
- +Connects to multiple payment networks and supports international transactions efficiently
- +Processes payments at high volume daily limits, accommodating large enterprise transactions
- +Offers transparent and competitive foreign exchange rates to save costs
- +Ensures high-level security through multi-factor authentication and continuous monitoring
- +Simplifies business account verification with automated KYC onboarding
- −Transaction fees may vary depending on currency and region, potentially increasing costs
- −Settlement times can still take 1-5 working days depending on local banking systems
- −Some smaller countries or currencies may have delayed payouts due to banking networks
- −Business account setup requires identity verification which may take time
- −Requires familiarity with digital payment systems for smooth operation
Features
Key features
- Cross-Border B2B Payments
- Enables businesses to send and receive international payments quickly and securely
- Stablecoin-Enabled Transfers
- Uses regulated stablecoins to facilitate faster, cost-efficient, and transparent cross-border payments
- High Volume Capabilities
- Supports daily transaction limits up to $30,000,000, allowing large-scale business payments
- Competitive FX Rates
- Provides real-time, transparent foreign exchange rates to maximize savings
- Security & Compliance
- Continuous monitoring, multi-factor authentication, and regular audits ensure safe transactions
- Real-Time Tracking
- Dashboard and notifications provide visibility into payment status and history
- Mobile App Management
- iOS and Android apps allow businesses to manage payments anytime, anywhere
Additional features
- Global Payouts & Collections
- Send and receive funds across 190+ countries with local currency support
- Mobile App
- Manage business payments and monitor transactions on iOS and Android devices
- Developer API
- Automate payments, integrate with business workflows, and access reporting tools
- Business Account Onboarding
- Streamlined KYC and account verification process for businesses
- Payment Dashboard
- Centralized view of all transactions for monitoring and reporting
- Multi-Currency Support
- Handles multiple currencies for global payments
- High-Liquidity Transfers
- Ensures sufficient liquidity for large-scale payments
- Competitive FX Rates
- Transparent exchange rates updated in real-time
- Secure Transactions
- End-to-end security protocols protect payments and data
- Local Collection Support
- Ability to collect payments in regional currencies efficiently
Pricing
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Cedar Money
Yellow Card
Yellow Card is a stablecoin infrastructure software from Yellow Card that provides a platform for…
Vella
Vella is a multi-currency banking software from Vella Finance that provides a convenient banking use.…
Zynk
Zynk is a payment infrastructure platform from Zynk that enables businesses to make global payments…
Verto
Verto is a financial technology platform from VertoFX that facilitates cross-border payments. It provides multi-currency…
.png){kind=small}
About Cedar Money
Cedar Money is a personal finance software from Cedar Money that assists users in managing their financial health. It combines budgeting tools, expense tracking, and financial goal setting so users can maintain control of their finances. Cedar Money offers features such as customizable budgeting templates, real-time expense notifications, and financial insights based on spending habits. This helps users make informed decisions about their money management. The platform is designed to be user-friendly, allowing individuals to easily navigate their financial data and set achievable financial goals. Key capabilities: budgeting tools expense tracking financial goal setting customizable templates real-time notifications Best for: individuals and families that need a comprehensive solution for personal finance management.
Cedar Money Details
Cedar Money's In-App Market Place
Does Cedar Money have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), NGN (₦), KES (KSh), XOF (CFA)
Pros & Cons
- Connects to multiple payment networks and supports international transactions efficiently
- Processes payments at high volume daily limits, accommodating large enterprise transactions
- Offers transparent and competitive foreign exchange rates to save costs
- Ensures high-level security through multi-factor authentication and continuous monitoring
- Simplifies business account verification with automated KYC onboarding
- Transaction fees may vary depending on currency and region, potentially increasing costs
- Settlement times can still take 1-5 working days depending on local banking systems
- Some smaller countries or currencies may have delayed payouts due to banking networks
- Business account setup requires identity verification which may take time
- Requires familiarity with digital payment systems for smooth operation
Cedar Money's Support Options
Email Address
support@cedar.moneyCedar Money's Alternatives
Yellow Card
Yellow Card is a stablecoin infrastructure software from Yellow Card that provides a platform for…
Vella
Vella is a multi-currency banking software from Vella Finance that provides a convenient banking use.…
Zynk
Zynk is a payment infrastructure platform from Zynk that enables businesses to make global payments…
Verto
Verto is a financial technology platform from VertoFX that facilitates cross-border payments. It provides multi-currency…
