Fintech entrepreneur Shalom Dodoun, founder of FintechCashier, has launched Project Ridge, a next-generation payments platform built to transform how domestic and international transactions are managed.. Backed by $18 million in strategic investment from leading fintech partners, the platform aims to fuel innovation, enhance security, and expand its global footprint. Speaking about the launch, Dodoun said, “We are building revolutionary financial infrastructure that not only drives business growth but also opens new doors for companies in global markets.
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Project Ridge is built to tackle some of the toughest challenges in the payments industry, especially when it comes to cross-border transactions.. The platform delivers instant settlement for both domestic and international transfers, significantly reduces transaction costs by up to 50% compared to traditional systems—and replaces the typical three-to-five-day waiting period of wire transfers with near-instant processing. Security is at its core, with advanced encryption, AI-powered fraud prevention, and cloud-based infrastructure ensuring transactions remain safe and seamless. “Traditional payment systems often create unnecessary friction and drive up costs for businesses trying to grow internationally,” Dodoun said. “With Project Ridge, we’re giving businesses back control while ensuring their customers enjoy a faster, smoother experience.
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With cross-border payments exceeding $2 trillion annually, businesses continue to struggle with high fees, delays, and complex compliance requirements. Project Ridge responds to these challenges with tools for dynamic currency management, transparent exchange rates, built-in compliance for AML and KYC standards, and seamless integration into business systems via APIs. It also provides real-time analytics to give companies greater visibility into cash flow and operations. Early beta tests of the platform have already demonstrated significant cost reductions and more efficient cash management.
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Industry analysts predict double-digit annual growth for proprietary payment networks through 2030, positioning Project Ridge to become a leader in this space. Designed to serve e-commerce players, SaaS providers, digital marketplaces, and globally oriented businesses, the platform promises faster processing, better economics, and tighter compliance standards. “Companies want faster processing, better economics, and more control,” Dodoun said. “Project Ridge delivers all three with the highest compliance standards.”
The $18 million investment will fuel ongoing development of the platform, strengthen its compliance and security infrastructure, and support expansion into new international markets. For Dodoun, the backing represents more than just capital. “This investment is a strong validation of our vision and gives us the momentum to expand globally,” he said. “Our partners bring more than capital — they also offer the expertise and networks that are critical for international growth.”
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