MANSA, a rising star in the global fintech scene, has clinched a $10 million funding round, propelling its mission to tackle liquidity hurdles in cross-border payments.
The company, which uses stablecoin technology to streamline transactions, is offering payment providers in both emerging and established markets a dependable fix for managing cash flow challenges.
The funding haul includes $3 million from a pre-seed round, spearheaded by Tether and co-led by Polymorphic Capital, with additional backing from Octerra Capital, Faculty Group, and Trive Digital.
Another $7 million in liquidity funding came from institutional players like corporate investors and alternative investment firms. MANSA plans to use the cash to push into Latin America and Southeast Asia while rolling out tailored liquidity tools to simplify complex international payments.
Founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA blends expertise in traditional finance, payments, and Web3. The duo is driven to overhaul global money movement and build cutting-edge payment infrastructure.
“This $10 million milestone lets us supercharge our vision,” said Sanoh, MANSA’s CEO.
“By moving payments onto the blockchain and tapping efficient liquidity, we’re slashing costs, speeding up transactions, and boosting reliability worldwide.”
Since launching in August 2024, MANSA has hit the ground running, forging ties with major payment firms across Africa, Asia, and South America.
These partnerships have fueled its instant liquidity solutions, driving $27 million in total transaction volume—including nearly $11 million on-chain in January 2025 alone, a 574% surge from its debut month. Stablecoins are key to MANSA’s edge, cutting settlement delays and costs while helping payment providers scale smarter.
Tether’s CEO, Paolo Ardoino, praised MANSA’s approach: “Their use of USDT for real-time settlements tackles pain points in emerging markets head-on. We’re thrilled to back their push to reshape global payments.”
Next Steps: Expansion and Impact
MANSA is eyeing Latin America and Southeast Asia—regions plagued by liquidity woes in cross-border trade. The new funds will scale its infrastructure and deepen partnerships, aiming to deliver faster, cheaper payment options.
With cross-border payments expected to reach $290.2 trillion by 2030, inefficiencies like today’s 6.5% average remittance fees hit developing markets hardest. MANSA’s solutions aim to close these gaps, making global commerce smoother and more inclusive.
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