MANSA, a fintech startup focused on cross-border payments, has secured $10 million in funding to expand its stablecoin-powered liquidity solutions.
Why It Matters
Cross-border payments are a lifeline for global commerce, but liquidity shortages often slow settlements and inflate costs—especially in emerging markets. MANSA’s approach could shake up a market projected to hit trillions in value while tackling inefficiencies that cost businesses billions.
The Details
- The $10 million haul includes a $3 million pre-seed round led by Tether, co-led by Polymorphic Capital, and joined by investors like Octerra Capital, Faculty Group, and Trive Digital.
- An additional $7 million in liquidity funding came from institutional investors, including corporate backers and alternative investment firms.
- Funds will fuel MANSA’s push into Latin America and Southeast Asia, alongside new tailored liquidity tools for payment providers.
How It Works
MANSA uses stablecoins—think Tether’s USDT—to power real-time settlements, slashing delays and costs. Since launching in August 2024, it’s processed $27 million in transactions, with January 2025 alone hitting $11 million in on-chain volume—a 574% spike from its debut month.
What They’re Saying
- “We’re making payments faster, cheaper, and more reliable worldwide,” said Mouloukou Sanoh, MANSA’s CEO and co-founder. “This funding supercharges our mission.”
- Tether CEO Paolo Ardoino called MANSA’s vision a fit for “a more efficient and inclusive financial system,” highlighting its potential in emerging markets.
The Big Picture
Remittances alone bleed significant fees, hitting developing regions hardest. MANSA’s bet is that stablecoin-based infrastructure can close those gaps, offering payment companies a scalable lifeline.
What’s Next
Partnerships are key. MANSA’s already teamed up with major players across Africa, Asia, and South America, and it’s eyeing more alliances to cement its foothold in high-growth regions.
Between The Lines
Co-founders Sanoh and Nkiru Uwaje bring a mix of trad-fi, payments, and Web3 chops to the table—positioning MANSA as a bridge between old-school finance and blockchain’s next wave.
