Mansa has announced the launch of its first liquidity pool on Base. Mansa is among the leading fintech company providing liquidity for multinational exports and cross-border payments in emerging markets.
This development is a major step forward in Mansa’s mission to democratize financing access for African businesses.
Base is a secure, low-cost Ethereum-equivalent L2 blockchain developed by Coinbase using the OP Stack. This technology allows Mansa to offer more efficient and accessible financial services to its clients.
Currently, Mansa operates two innovative pools focused on remittance and stablecoin liquidity, enabling African businesses to access more affordable capital.
Mansa’s innovative approach allows venture-backed businesses to use a diverse range of assets as collateral, significantly increasing the potential borrower pool.
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As institutional adoption of this model grows, Mansa’s transformative methods and strategic partnerships are set to play a key role in the future of finance in emerging markets. With a presence in both Africa and the UK, Mansa collaborates closely with African businesses to support their growth through trade finance and cross-border payment liquidity.
“We’re thrilled to launch our new liquidity pool on Base,” said Mouloukou Sanoh, CEO and Co-founder of Mansa.
“This move will help businesses overcome USD limitations and manual processes that have long constrained growth. Our platform unlocks new sources of liquidity, directly addressing the credit gap in emerging markets.”
Emerging markets, especially in Africa, face a significant financing gap that hampers business growth and economic development. Innovative solutions like DeFi are crucial for the continued advancement of these rapidly growing economies.
Mansa uses blockchain technology to provide transparent and accessible methods for trading and managing assets.
The platform is creating a next-generation financial infrastructure that overcomes traditional barriers such as lack of financial services and foreign exchange constraints.
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