MANSA, a global fintech company, has raised $10 million to solve liquidity problems in cross-border payments. The funds will help expand its stablecoin-based solution worldwide.
The company raised $3 million in a pre-seed round led by Tether and co-led by Polymorphic Capital. Investors such as Octerra Capital, Faculty Group, and Trive Digital also participated. MANSA secured an extra $7 million in liquidity funding from corporate investors and alternative investment firms.
Co-founders Mouloukou Sanoh and Nkiru Uwaje lead MANSA with deep expertise in finance, payments, and Web3. The company aims to improve global money transfers and financial services.
Expanding into Latin America and Southeast Asia
MANSA plans to expand into Latin America and Southeast Asia. These regions struggle with liquidity issues in cross-border payments. The company will use the funds to scale its infrastructure and form strategic partnerships.
“Securing $10 million in pre-seed and liquidity funding marks a significant milestone in our mission to transform the way money moves. By bringing payments on-chain and leveraging efficient liquidity solutions, we are addressing critical challenges in cross-border transactions—making payments faster, cheaper, and more reliable worldwide. This funding accelerates our global expansion, enabling us to empower payment companies with seamless, real-time settlement infrastructure and drive the future of payments.” – Mouloukou Sanoh, CEO and Co-Founder, MANSA.
Since its launch in August 2024, MANSA has processed $27 million in transactions. In January alone, it handled $11 million in on-chain transactions, growing 574% from August. The company uses stablecoins to reduce transaction costs and settlement delays.
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Investors Back MANSA’s Vision
MANSA’s backers believe in its potential to transform payments. Tether CEO Paolo Ardoino said, “MANSA’s vision for addressing liquidity challenges in cross-border payments aligns with our mission to create a more efficient and inclusive financial system. By leveraging USDT for real-time settlements and instant payouts, MANSA is solving critical pain points for payment companies operating in emerging markets. We are proud to collaborate with MANSA and support their efforts to reshape global payment infrastructure.”
Cross-border payments are crucial for global trade. However, many companies face liquidity shortages that delay transactions and increase costs. MANSA wants to change this. The World Bank says remittance fees average 6.5%, hitting developing regions hardest. The value of cross-border payments may reach $290.2 trillion by 2030. Inefficiencies could cost businesses billions.
“Mansa is here to disrupt a massive traditional market with blockchain and the Web3 paradigm. Polymorphic supports extraordinary founders. The Mansa team is up to this incredible challenge.” – Vitaly Spassky, Managing Partner, Polymorphic Capital.
“We invested in MANSA because of their bold, diverse, high-caliber team of visionary founders addressing critical challenges faced by payments companies in Emerging Markets. We firmly believe that decentralized finance and asset tokenization are game-changing frontier technologies. With immense market potential in emerging economies, MANSA is uniquely positioned to drive transformative impact and bridge the credit gap across Africa.” – Ashim Egunjobi, Managing Partner, Octerra Capital.
Early investors are confident in MANSA’s leadership.
“We are incredibly excited to have been the first investor in Mansa. Our decision to invest was driven primarily by our strong confidence in the leadership team, and we are certain they will continue to validate our belief. Additionally, we are thrilled about the future of crypto payments and Mansa’s potential to make transactions in emerging markets faster, cheaper, and more efficient.” – Sebastian Cheek, Head of Investment, Faculty Group.
“MANSA addresses a fundamental liquidity challenge in cross-border payments, leveraging stablecoins to create more efficient and accessible financial rails. TRIVE Digital backs visionary founders building the future of Web3, and we are excited to support the MANSA team as they drive transformative impact in the global payments industry.” – Shawn Tan, General Partner, TRIVE Digital.
With strong investor backing, MANSA is set to redefine cross-border payments. Its stablecoin-based solution could make transactions faster, cheaper, and more reliable worldwide.
MANSA, a global fintech company, has raised $10 million to solve liquidity problems in cross-border payments. The funds will help expand its stablecoin-based solution worldwide.
The company raised $3 million in a pre-seed round led by Tether and co-led by Polymorphic Capital. Investors such as Octerra Capital, Faculty Group, and Trive Digital also participated. MANSA secured an extra $7 million in liquidity funding from corporate investors and alternative investment firms.
Co-founders Mouloukou Sanoh and Nkiru Uwaje lead MANSA with deep expertise in finance, payments, and Web3. The company aims to improve global money transfers and financial services.
Expanding into Latin America and Southeast Asia
MANSA plans to expand into Latin America and Southeast Asia. These regions struggle with liquidity issues in cross-border payments. The company will use the funds to scale its infrastructure and form strategic partnerships.
“Securing $10 million in pre-seed and liquidity funding marks a significant milestone in our mission to transform the way money moves. By bringing payments on-chain and leveraging efficient liquidity solutions, we are addressing critical challenges in cross-border transactions—making payments faster, cheaper, and more reliable worldwide. This funding accelerates our global expansion, enabling us to empower payment companies with seamless, real-time settlement infrastructure and drive the future of payments.” – Mouloukou Sanoh, CEO and Co-Founder, MANSA.
Since its launch in August 2024, MANSA has processed $27 million in transactions. In January alone, it handled $11 million in on-chain transactions, growing 574% from August. The company uses stablecoins to reduce transaction costs and settlement delays.
Investors Back MANSA’s Vision
MANSA’s backers believe in its potential to transform payments. Tether CEO Paolo Ardoino said, “MANSA’s vision for addressing liquidity challenges in cross-border payments aligns with our mission to create a more efficient and inclusive financial system. By leveraging USDT for real-time settlements and instant payouts, MANSA is solving critical pain points for payment companies operating in emerging markets. We are proud to collaborate with MANSA and support their efforts to reshape global payment infrastructure.”
Cross-border payments are crucial for global trade. However, many companies face liquidity shortages that delay transactions and increase costs. MANSA wants to change this. The World Bank says remittance fees average 6.5%, hitting developing regions hardest. The value of cross-border payments may reach $290.2 trillion by 2030. Inefficiencies could cost businesses billions.
“Mansa is here to disrupt a massive traditional market with blockchain and the Web3 paradigm. Polymorphic supports extraordinary founders. The Mansa team is up to this incredible challenge.” – Vitaly Spassky, Managing Partner, Polymorphic Capital.
Investors recognize MANSA’s impact on emerging markets.
“We invested in MANSA because of their bold, diverse, high-caliber team of visionary founders addressing critical challenges faced by payments companies in Emerging Markets. We firmly believe that decentralized finance and asset tokenization are game-changing frontier technologies. With immense market potential in emerging economies, MANSA is uniquely positioned to drive transformative impact and bridge the credit gap across Africa.” – Ashim Egunjobi, Managing Partner, Octerra Capital.
“We are incredibly excited to have been the first investor in Mansa. Our decision to invest was driven primarily by our strong confidence in the leadership team, and we are certain they will continue to validate our belief. Additionally, we are thrilled about the future of crypto payments and Mansa’s potential to make transactions in emerging markets faster, cheaper, and more efficient.” – Sebastian Cheek, Head of Investment, Faculty Group.
TRIVE Digital sees MANSA as a game-changer.
“MANSA addresses a fundamental liquidity challenge in cross-border payments, leveraging stablecoins to create more efficient and accessible financial rails. TRIVE Digital backs visionary founders building the future of Web3, and we are excited to support the MANSA team as they drive transformative impact in the global payments industry.” – Shawn Tan, General Partner, TRIVE Digital.
With strong investor backing, MANSA is set to redefine cross-border payments. Its stablecoin-based solution could make transactions faster, cheaper, and more reliable worldwide.