MANSA, a global fintech innovator, has successfully closed a $10 million funding round to tackle liquidity challenges in cross-border payments. The company leverages stablecoins to provide payment providers with a seamless, cost-effective way to manage liquidity across both emerging and developed markets.
The funding includes a $3 million pre-seed round led by Tether and Polymorphic Capital, with support from Octerra Capital, Faculty Group, and Trive Digital. Additionally, MANSA secured $7 million in liquidity funding from institutional investors, including corporate backers and alternative investment firms. These funds will support expansion into Latin America and Southeast Asia, along with the development of tailored liquidity solutions for cross-border transactions.
Founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA combines expertise in finance, payments, and Web3 to revolutionize global money transfers. “This funding accelerates our mission to make payments faster, cheaper, and more reliable,” said Sanoh, CEO and Co-Founder.
By leveraging blockchain and efficient liquidity solutions, we empower payment companies with real-time settlement infrastructure.
Strategic Expansion Plans
Since its launch in August 2024, MANSA has built partnerships with major payment companies across Africa, Asia, and South America. Its instant liquidity solutions have processed $27 million in transactions, with on-chain volume reaching $11 million in January 2025, a 574% increase since launch. By using stablecoins, MANSA reduces settlement delays and transaction costs, enabling businesses to scale efficiently.
Paolo Ardoino, CEO of Tether, praised MANSA’s approach: “By leveraging USDT for real-time settlements and instant payouts, MANSA is solving critical challenges for payment providers in emerging markets. We are proud to support their efforts to reshape global payment infrastructure.”
With cross-border payments projected to reach $290.2 trillion annually by 2030, MANSA aims to bridge liquidity gaps that lead to delays and high costs, especially in developing regions where remittance fees average 6.5%. By expanding its liquidity infrastructure and forging strategic partnerships, the company is committed to making global transactions faster, more accessible, and cost-effective.