New York, NY - Shalom Dodoun, visionary fintech entrepreneur and founder of FintechCashier, today announced the official launch of Project Ridge, a groundbreaking payment system designed to transform the way U.S. businesses conduct domestic and international transactions. The platform has secured $18 million in strategic investment from leading fintech partners to accelerate development, strengthen security, and expand its market presence.
“We are creating revolutionary financial infrastructure that accelerates business growth while unlocking multiple opportunities in global markets,” said Shalom Dodoun, creator of Project Ridge.
Solving Critical Pain Points in Payments
- Instant settlement for domestic and international payments
- Lower transaction fees (up to 50% less than traditional systems)
- Faster settlement times compared to the 3–5 days of international wire transfers
- Enhanced security with advanced encryption, AI-driven fraud prevention, and cloud-based infrastructure
“Traditional payment systems add unnecessary friction and cost for businesses expanding internationally,” Dodoun explained. “Our system puts control back in the hands of businesses while delivering superior customer experiences worldwide.”
Meeting a Growing Global Demand
With global cross-border transactions exceeding $2 trillion annually, businesses continue to face challenges such as high fees, lengthy settlement times, complex compliance, and limited control. Project Ridge addresses these issues through:
- Dynamic currency management with transparent exchange rates
- Regulatory compliance tools (AML, KYC, multi-jurisdictional requirements)
- Seamless API integrations with existing business systems
- Real-time analytics for cash flow management and operational insight
Early beta testing has shown up to 50% reduction in processing costs and significantly improved cash flow management for participating businesses.
Positioned for Market Leadership
Industry analysts forecast double-digit annual growth in proprietary payment networks through 2030. Project Ridge is well-positioned to capture a significant share by offering businesses the control, efficiency, and security they demand. The platform is particularly valuable for e-commerce companies, SaaS providers, digital marketplaces, and other globally oriented businesses.
“Companies want faster processing, better economics, and more control over their payments,” Dodoun added. “Project Ridge delivers all three while maintaining the highest standards of compliance and security.”
Strategic Funding to Accelerate Growth
The $18 million investment from leading fintech partners will drive:
- Continued platform development and innovation
- Expanded international market reach
- Strengthened security and compliance infrastructure
“This investment validates our vision and equips us with the resources to scale Project Ridge globally,” said Dodoun. “Our partners bring not only capital but also strategic expertise and networks essential for international expansion.”
About Project Ridge
Project Ridge, founded by Shalom Dodoun, is a next-generation proprietary payment network designed to transform how U.S. and international businesses manage transactions. With advanced security, reduced costs, and faster processing, the platform provides a robust financial infrastructure for companies seeking to compete in today’s global economy.
Media Contact
Company Name: Cloudridge
Contact Person: Philip Roberts
Email: Send Email
City: Dover
State: DE
Country: United States
Website: https://www.cloudridge.io/
