How much funding has Cadana raised?

Cadana has raised $7.4M in total funding, most recently a Seed round.

Where is Cadana headquartered?

Cadana is headquartered in Accra, Ghana.

What industry is Cadana in?

Cadana operates in Fintech, HR Tech.

Cadana

Q: Who are Cadana's investors?

Cadana's investors include Costanoa Ventures, Better Tomorrow Ventures, 500 Global, Techstars.

Stop paying for payments. Start profiting from them.

Accra, Ghana · Founded 2021 · $7.4M raised

Fintech

HR Tech

Headquarters: Accra
Employees: 11–50
Founded: 2021
Business Model: B2B

Website: cadanapay.com
Total Funding: $7.4M
Last Round: $7.1M SeedJun 2024
Rounds: 2

About

Cadana is a global payroll and payments infrastructure platform that enables staffing firms, freelancer marketplaces, and international HR platforms to embed superior payment capabilities without building them in-house. Its API connects to 100+ countries with 87% of payments settled instantly through local rails, and supports 300+ wallets and real-time payment networks including M-Pesa, PayPal, Pix, and GCash. Cadana allows platforms to generate new revenue through customizable FX markups and embedded financial services, while offering workers in emerging markets access to USD savings, US stock investing, and automated tax compliance. The platform has processed over $1 billion in transaction volume.

Summary

Cadana is a Fintech company based in Accra, Ghana, founded in 2021. It has raised $7.4M in total across 2 rounds, most recently a $7.1M Seed round in Jun 2024. Investors include Costanoa Ventures, Better Tomorrow Ventures and 500 Global.