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Security report for cedar.money

MBD Finance Technology Ltd. (DBA Cedar) · Finance · United States

Medium risk. 3 critical or high findings in GDPR outside view and SSL/TLS.

Security score

71/100

Risk levelMedium

0–100, higher is better. How it is calculated

Cedar Money, operated by MBD Finance Technology Ltd., is a fintech company specializing in secure, scalable cross-border payment solutions primarily targeting businesses operating in Africa and global markets. The platform offers competitive exchange rates, high-volume transaction capabilities, and a seamless user experience through web and mobile applications. Cedar positions itself as a trusted B2B payment orchestrator, leveraging partnerships with regulated financial institutions worldwide to facilitate efficient international payments and collections. Technically, the website is built on the Webflow platform, utilizing modern JavaScript libraries and analytics tools such as Google Analytics, Facebook Pixel, Segment, and FullStory. The site demonstrates excellent mobile optimization, accessibility, and SEO practices, providing a professional and user-friendly interface. The presence of multi-factor authentication and regular security audits mentioned on the site indicates a mature security posture, although explicit security headers and incident response disclosures could be improved. From a security perspective, the site enforces HTTPS and employs multiple tracking and marketing scripts, which are standard for fintech platforms but require careful management to maintain privacy compliance. The absence of a cookie consent mechanism is a minor compliance gap. WHOIS data is privacy protected, which is common in the fintech sector to safeguard sensitive registrant information, and does not raise immediate legitimacy concerns given the professional site content and business model. Overall, Cedar Money presents a credible, well-structured fintech service with strong business and technical foundations. Strategic recommendations include enhancing transparency around security policies, implementing cookie consent for GDPR compliance, and maintaining vigilance on third-party script security to uphold trust and regulatory adherence.

Scanned

NIS2 and GDPR posture

GDPR outside view
53/ 100 · Medium
Checks completed
7of 7

NIS2 Art. 21(2)

  1. (a) Risk analysis and security policies: Not visible from outside
  2. (b) Incident handling: One indicator
  3. (c) Business continuity, backups and crisis management: Not visible from outside
  4. (d) Supply chain security: Not visible from outside
  5. (e) Secure acquisition, development and maintenance, including vulnerability handling: Partly checked
  6. (f) Assessing the effectiveness of security measures: Not visible from outside
  7. (g) Cyber hygiene and security training: Not visible from outside
  8. (h) Cryptography and encryption: Partly checked
  9. (i) HR security, access control and asset management: One indicator
  10. (j) Multi-factor authentication and secured communications: Not visible from outside

This scan rated NIS2 with an earlier keyword method that is no longer shown; rescan for the per-article view. Risk management, continuity, supply chain, training, MFA, management oversight (Art. 20) and incident reporting (Art. 23) need internal evidence, and Guard cannot tell whether NIS2 applies to this organisation.

GDPR is indicative only, based on publicly visible signals: Articles 7, 12, 13 and 32 of Regulation (EU) 2016/679 and Article 5(3) of the ePrivacy Directive. Not a certification or legal assessment.

Priority findings

3 findings rated critical or high. Fix these first.

  1. GDPR outside view

    These are the privacy signals visitors and data protection authorities look for under GDPR.

    • High

      No Cookie Policy found

      GDPR requires clear information about cookie usage

      What to do: Add a dedicated cookie policy explaining cookie usage and purposes

    • High

      No Cookie Consent Banner found

      GDPR requires explicit consent for non-essential cookies

      What to do: Implement a cookie consent banner that appears on first visit

  2. SSL/TLS

    TLS encrypts the connection and proves the site is really yours. Weak or expiring certificates trigger browser warnings and put traffic at risk.

    • High

      Weak SSL Key Length

      SSL certificate uses 256-bit key, which is considered weak

      What to do: Use at least 2048-bit RSA or 256-bit ECC key

      • CWE-326
      • OWASP A04:2025
      • Mozilla TLS: Mozilla Server Side TLS 6.0 intermediate: rsa_key_size 2048

Need hands-on remediation? Email guard@offseq.com

Keep watching cedar.money

This scan found 22 issues across 6 checks. Monitoring re-runs those checks daily, emails you when something material changes and records each fix, so you can show progress.

Daily monitoring

Recommended

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  • TLS certificates and expiry
  • DNS records
  • SPF, DKIM and DMARC
  • Security headers
  • GDPR and NIS2 posture
  • Exposed services
  • Third-party trackers
  • Security score drift

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Results by check

Each check with its score, findings and the evidence it collected.

How this score is calculated

The security score runs 0–100, higher is better. It is the plain average of the security checks that completed in this scan, each counted equally. A check that could not run is left out: it counts neither as a pass nor as a fail.

Counted in this score

SSL/TLS
75
Security headers
60
Email security
55
DNS health
80
Network security
100
GDPR outside view
53
Average
71

Not counted

  • NIS2 outside view: Re-weights evidence from the TLS, email, DNS, network and hygiene checks, so counting it would count that evidence twice. Shown on its own.
  • OffSeq Observations: An AI reading of the site, useful context but not reproducible evidence. Shown on its own.

Findings that cap the score at 49

Each of these is serious on its own, so while any is present the site cannot rate better than high risk, however good the other checks are.

  • The certificate is not trusted by browsers
  • The website is not served over HTTPS
  • A database, remote desktop, file-sharing or Telnet service is reachable from the internet
  • The page loads a script from a compromised source
  • The domain registration has expired
  • SPF authorises every server to send mail as the domain

Partial scans

When the site blocks Guard or most checks cannot run, the score covers only the checks that ran (usually DNS and email), is capped at 75 and is shown as partial, without a risk level.

Risk levels

  • Critical0–25
  • High26–49
  • Medium50–75
  • Low76–100

Technical appendix

Business context, site observations and technical notes gathered during the scan, and the standards behind each reference.

Business context

Business profile

Cedar Money operates in the competitive fintech space focusing on cross-border B2B payments, especially facilitating transactions involving African currencies and global suppliers. Its competitive advantage lies in offering zero setup fees, transparent FX rates, and high daily transaction limits up to $30 million. The company targets medium to large businesses requiring efficient international payment solutions. Partnerships with financial institutions and integration with popular communication and scheduling tools like Intercom and Calendly support its customer engagement and operational efficiency. The presence on major app stores and multilingual support indicates a growth-oriented strategy aimed at broadening market reach. The company’s transparent approach to fees and settlement times positions it well against traditional banking and remittance services.

Security posture

The website demonstrates a solid security posture with HTTPS enforced, multi-factor authentication, continuous monitoring, and regular audits as stated on the site. However, explicit security headers such as Content-Security-Policy and X-Frame-Options are not visibly implemented, which could enhance protection against common web attacks. The lack of a published incident response plan or dedicated security contact reduces transparency in handling security incidents. The use of multiple third-party analytics and marketing scripts increases the attack surface and necessitates strict management to prevent data leakage or privacy violations. Overall, the security maturity is good but could be improved by formalizing and publishing security policies and enhancing technical controls.

Recommendations

  1. Publish a detailed security policy and incident response plan accessible on the website.
  2. Implement and display a cookie consent banner to comply with GDPR and other privacy regulations.
  3. Add and enforce security headers such as Content-Security-Policy, X-Frame-Options, and X-Content-Type-Options.
  4. Regularly audit and update third-party scripts to minimize vulnerabilities and privacy risks.
  5. Enhance transparency by providing a dedicated security contact or abuse email for incident reporting.

Contact details published on the site

Addresses
Legal name
MBD Finance Technology Ltd. (DBA Cedar)
Site observations

Automated reading of the public site. Ratings are indicative.

Business

Company
MBD Finance Technology Ltd. (DBA Cedar)
Description
Cedar simplifies cross-border payments for businesses in Africa. We enable businesses send high-volume payments to their international suppliers at affordable rates and ZERO set-up fees.
Key services
Cross-border payments, Currency exchange, Payment collection, Business payment cards
Content quality
excellent
Branding
consistent

Technology

Stack
Webflow CMS, jQuery, SwiperJS, Google Tag Manager, Google Analytics (gtag.js), Facebook Pixel, Segment Analytics, Intercom, FullStory
Frameworks
Webflow
Platforms
Webflow Hosting
Performance
fast
Mobile
excellent
Accessibility
good
SEO
good

Security

Observed score
85/100
Good practices seen
  • HTTPS enforced
  • Multi-factor authentication mentioned
  • Regular audits mentioned
  • Continuous monitoring mentioned
  • Privacy-first approach stated

Analytics and tracking

Services
Google Analytics, Segment Analytics, FullStory, Facebook Pixel, LinkedIn Insight Tag
Tracking level
extensive
Privacy practices
basic

Advertising

Ad networks
Google Ads
Tracking pixels
Facebook Pixel, Segment Analytics, FullStory, LinkedIn Insight Tag
Marketing tools
Intercom, Calendly
Transparency
good

Site quality

Design
excellent
User experience
excellent
Content relevance
excellent
Navigation
excellent
Professionalism
excellent
Trustworthiness
high

Key observations

  1. Website is fully accessible with rich content and interactive features
  2. Strong focus on B2B cross-border payments with emphasis on Africa and global markets
  3. Multiple language support (English, French, Chinese)
  4. Mobile app presence on major app stores
  5. Use of modern web technologies and analytics tools
  6. No exposed sensitive data or security issues detected in source
  7. No explicit cookie consent mechanism found
  8. WHOIS data is privacy protected or unavailable
Technical notes

Notes

The website is built on Webflow CMS, leveraging modern JavaScript libraries including jQuery and SwiperJS for UI components. It integrates multiple analytics and marketing tools such as Google Analytics, Facebook Pixel, Segment, FullStory, LinkedIn Insight Tag, and Intercom for customer engagement and data collection. Hosting is provided by Webflow, ensuring fast performance and excellent mobile responsiveness. The site uses canonical URLs, hreflang tags for multilingual support, and structured meta tags for SEO. The presence of a currency conversion calculator with live API calls indicates dynamic content capabilities. No major technical debt or outdated technologies were detected, positioning the platform well for scalability and maintainability.
Standards and sources

Reference chips under each finding point to the standard, regulation or specification the finding relates to. They are taken from the official datasets below and mapped conservatively: a finding with no defensible link shows none. NIS2 and GDPR references mark where a finding is relevant evidence, not a compliance verdict. Implementing Regulation (EU) 2024/2690 binds digital infrastructure and digital service providers; for other entities it is the most detailed public reading of the Article 21 measures. WCAG, EN 301 549, European Accessibility Act and Web Accessibility Directive references name the requirement an automated accessibility rule relates to; they are not a conformance verdict.

Retrieved 2026-10-25

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