# Cedar's pitch deck > Cedar's pitch deck: 26 slides, and the funding round we observed afterwards. Source: https://millionrounds.com/decks/cedar (Millionrounds; every figure on the page links to its filing or article) C **Cedar** Financial services 1 / 26 Read in the app Pitch deck · Y Combinator Winter 2025 # Cedar's *pitch deck* The deck, and the 6 rounds we watched Cedar raise afterwards, with the investors each report named. Cedar Money is a financial technology company founded in 2022 that specializes in cross-border payment infrastructure. It enables businesses, particularly in emerging markets like Africa, to conduct global transactions using stablecoins alongside fiat systems. This approach allows for faster settlements and efficient foreign exchange, transforming international payments into local experiences. The company offers a mobile app for iOS and Android, allowing businesses to register, open accounts, and manage high-volume payments worldwide, with capabilities of up to $30 million per transaction. Cedar Money provides competitive foreign exchange rates for major currencies and supports payouts in over 130 countries. It is registered as a Money Services Business in the U.S. and Canada, ensuring compliance and security through robust protocols. Cedar Money primarily targets businesses in Africa, importers and exporters, and financial institutions, helping them navigate complex financial systems with timely and secure payment solutions. 26 slides 0.9MB US Financial services Agentic AI Biotech/health Read the deck Free account. The deck belongs to Cedar, so reading it needs one; everything on this page is public. What is in it ## The deck, slide by slide Each slide by what it argues. 26 slides against a median of 13 across the 1,712 decks we hold. *median* - 1 **Cover** - 2 - 3 **Problem** - 4 - 5 **Business model** - 6 - 7 - 8 **Financials** - 9 **Problem** - 10 - 11 - 12 **Vision** - 13 **Product** - 14 **Product** - 15 **Market** - 16 - 17 - 18 **Market** - 19 **Market** - 20 **Market** - 21 **Market** - 22 **Product** - 23 - 24 **Team** - 25 - 26 Cover Problem Business model Financials Vision Product Market Team What happened next ## $143M across 6 rounds **6** rounds observed **$143M** reported in total **Dec 2017** first we saw **May 2026** most recent - May 2026 Venture **$22M** [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[Antler](https://millionrounds.com/fund/antler)[Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) Source recorded - Mar 2025 Pre-seed **$500K** [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded - Oct 2023 Seed **$3.0M** [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[Antler](https://millionrounds.com/fund/antler)[Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) Source recorded - Dec 2022 Series D **$68M** [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)[Craft Ventures](https://millionrounds.com/fund/craft-ventures)[Founders Fund](https://millionrounds.com/fund/founders-fund)[SV Angel](https://millionrounds.com/fund/sv-angel)[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Source recorded - Jun 2018 Series B **$36M** No investor was named in the report. Reported by Modernhealthcare - Dec 2017 Series A **$13M** [Founders Fund](https://millionrounds.com/fund/founders-fund)[Martin](https://millionrounds.com/fund/martin-ventures)[SV Angel](https://millionrounds.com/fund/sv-angel)[Thrive](https://millionrounds.com/fund/thrive-capital) Reported by FinSMEs [Everyone who backed Cedar](https://millionrounds.com/company/cedar) 1 / 26 The deck itself ## Read Cedar's full pitch deck All 26 slides, each read for what it argues and set against the decks that raised at the same stage. The cover is shown here; the rest is read in the app. Read the deck *→* Free account. The deck belongs to Cedar. ## Investors who claim them Firms listing Cedar on their own portfolio page: the firm's own account rather than a round we watched. Weaker than an announcement, much stronger than a list somebody sold us. [**Shine Capital** VC firm](https://millionrounds.com/fund/shine-capital)[**Optum Ventures** VC firm](https://millionrounds.com/fund/optum-ventures)[**North Island Ventures** VC firm](https://millionrounds.com/fund/north-island-ventures)[**Alkeon Capital** VC firm](https://millionrounds.com/fund/alkeon-capital)[**Lattice Fund** VC firm](https://millionrounds.com/fund/lattice-fund)[**Evergreen** Private equity](https://millionrounds.com/fund/evergreen-2)[**Node Capital** VC firm](https://millionrounds.com/fund/node-capital)[**4Ward** VC firm](https://millionrounds.com/fund/4ward)[**Conduit** Accelerator](https://millionrounds.com/fund/conduit)[**Section Partners** Private equity](https://millionrounds.com/fund/section-partners)[**Wischoff Ventures** VC firm](https://millionrounds.com/fund/wischoff-ventures)[**ZoiBel** VC firm](https://millionrounds.com/fund/zoibel) ## More decks [**N26** Financial services 1 / 22 **$1.4B** raised after](https://millionrounds.com/decks/n26)[**Divvy Homes** Financial services 1 / 11 **$765M** raised after](https://millionrounds.com/decks/divvy-homes)[**Flywire** Financial services 1 / 3 **$403M** raised after](https://millionrounds.com/decks/flywire)[**Trumid** Financial services 1 / 20 **$331M** raised after](https://millionrounds.com/decks/trumid) [Browse all 1,712 decks](https://millionrounds.com/decks). We hold no record of where this file came from or on what terms. If it is yours and you would rather it were not here, [tell us](https://millionrounds.com/corrections?deck=cedar) and it goes.