What is Cedar Money and how does it work?

Cedar Money is a B2B platform for cross-border payments using stablecoins and fiat rails, enabling businesses to send and receive high-volume payments in over 130 currencies, including USD, EUR, GBP, and African currencies. It works by allowing users to create an account, select a destination currency and country (over 50 supported), track transactions in real-time, and settle payments with T+1 speed, transparent costs, and streamlined FX conversion.

How much does Cedar Money cost?

Using the Cedar Money platform is free with no subscription or setup fees. Transaction fees apply and are reflected in the FX cost.

What countries does Cedar Money operate in?

Cedar Money operates in Nigeria, Kenya, and Ivory Coast.

How do I sign up for Cedar Money?

Create a Cedar Money account and verify your identity. Then select your destination currency and country to start sending or receiving payments.

Does Cedar Money have a mobile app?

Yes, Cedar Money is available on iOS and Android. You can download Cedar Money on the App Store for iPhone, or get it on Google Play for Android.

Who is Cedar Money best suited for?

Cedar Money is best suited for businesses handling cross-border payments, especially exporters collecting from African markets and African businesses paying international suppliers.

How do I contact Cedar Money support?

You can contact Cedar Money support via email at support@cedar.money.

Does Cedar Money have a plan for teams or businesses?

Yes, Cedar Money is a B2B platform designed for businesses to send and receive high-volume cross-border payments.

Does Cedar Money offer an API or integrations?

Yes, Cedar Money offers a public API. View the official Cedar Money API documentation for endpoints, authentication, and integration guides.

Cedar Money

🇳🇬 Nigeria 🇨🇮 Côte d'Ivoire 🇰🇪 Kenya

A B2B cross-border payments platform that helps African businesses pay international suppliers and helps global exporters collect in African currencies with T+1 to T+2 settlements.

Use it on:Web Android· 4.6 iOS· 4.4 API

Is Cedar Money right for you?

Best for

African importers
Paying overseas suppliers
Exporters selling into Africa
Businesses collecting locally
High-volume B2B payments

What it does well

Cross-border supplier payments
Collections in local currencies
Multi-currency handling
T+1 to T+2 settlement
B2B payment flows

Things to check

Supported African currencies
Settlement cut-off times
Payout countries list
Refunds and chargebacks
Required business documents

Cedar Money is a B2B cross-border payments platform for African businesses paying international suppliers and for global exporters collecting payments from African markets.

Key capabilities include:

Send high-volume international payouts to 190+ countries, with transactions typically taking 1 to 5 working days (T&Cs apply) and a stated up to $30,000,000 daily limit.
Receive payments from Africa in local currencies, with most collections processed within 24 hours (T+1 settlements) and paid out to bank accounts.
Hold and manage multi-currency balances, including USD, EUR, GBP, and African currencies, with 24/7 FX rates.
Virtual cards for business spending, alongside real-time tracking and account protection features such as multi-factor authentication, continuous monitoring, and regular audits.

Available on Web, Android, and iOS.

It targets businesses in African markets such as Nigeria, Kenya, and Ivory Coast, plus exporters in regions like the US, UK, and China that need to collect and disburse funds in African currencies.

Cedar Money is notable in the African B2B payments landscape for its stablecoin-based payment orchestration model, stated high daily payout limits, and free platform access (no subscription or set-up fees; transaction costs are reflected in FX). It is registered as an MSB with FinCEN (Registration No. 31000310586703) and FINTRAC (Registration No. C100000878), and it works with third-party regulated financial institutions to facilitate financial services.

As of Jun 22, 2026, Cedar Money is rated 4.4 on the App Store from 5 reviews and 4.6 on Google Play from 11 reviews with 5K+ installs.

Social Links:

Categories:

Fintech

Features & Business Model:

b2b cross-border-payments multi-currency