- 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.
Tech & App Stack
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Funding History
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Jun 2024
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Pre-Seed through Seed — per-round amounts, valuations, and who invested in each round.
Investors
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