Cadana, an emerging markets payroll services provider for global hiring platforms, banks $7.1M seed
- The global freelancer market drives demand for solutions that automate payroll and streamline employment and tax regulations worldwide.
- Cadana's APIs and white-label products allow global workforces to integrate payments and payroll management into their existing systems.
- Cadana has raised a total of $7.4 million in funding and has processed over $150 million in transactions for its clients.
Cadana is addressing a significant pain point in the global freelancer market by providing solutions that streamline payroll and payments for workers in emerging markets. Their focus on addressing the challenges faced by these workers, such as long wait times for payments and remittance fees, sets them apart from their competitors. With their recent funding, Cadana has the opportunity to expand their reach and continue making a positive impact on the global workforce.
