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Cadana

Financial Technology (FinTech) ~20 employees
Founded
--
Employees (Est.)
~20
2 leaders known
Total Funding
$7.4M
Funding Rounds
1
Last Funding
2024-06-20

About Cadana

Cadana provides global payment infrastructure and contractor management solutions for emerging markets. Their white-label platform is designed for talent marketplaces, staffing platforms, and international HR providers, enabling payments to talents in over 100 countries with high reliability while creating new revenue streams under the client's brand. Cadana aims to transform global workforce payments from a cost center to a profit center.

Products & Services

Global Workforce Payments:Facilitates payments to contractors and talents across 100+ countries with instant settlement in 87% of cases using local payment networks.
Global Wallets:Offers multi-currency wallets allowing contractors in emerging markets to hold earnings in stable USD with interest.
Global Embedded Payroll & Tax Engine:Provides automated tax compliance and payroll solutions with AI-powered filing across global jurisdictions.
Global Managed Services:Includes managed payment operations, embedded support help desk, and compliance tools to streamline global payments.
Hyperlocal Payment Rails:Direct connections to local payment systems for instant payouts in various regions.
Financial Wealth Building:Offers access to US stock investments and crypto options for workers in emerging markets.
Working Capital Solutions:Provides up to $500,000 in interest-free float for urgent payments.

Specialties

Global Payment Infrastructure Contractor Management EOR (Employer of Record) Infrastructure White-Label Payment Solutions Multi-Currency Wallets Automated Tax Compliance Hyperlocal Payment Rails Revenue Sharing Models

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed
A: 7400000
MR: -
FA: 7.4 million
FAN: 7400000
D: 2024-06-20
FD: 2024-06-20
3 investors
Seed Latest
2024-06-20
$7.4M
3 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Albert Owusu-Asare

co-founder & CEO

LinkedIn (Pro only)
A

Ameer Shujjah

co-founder & PRESIDENT

LinkedIn (Pro only)

Recent News

Cadana Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Financial Technology (FinTech)
Company Size
~20 employees (est.)

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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