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MANSA Secures $10M in Funding Round to Expand Stablecoin-Based Payment Solutions

MANSA

Global fintech firm, MANSA, has announced the close of a $10 million funding round. This will help the company in its mission to alleviate liquidity challenges for payment companies worldwide. MANSA’s stablecoin-based solution offers payment providers in emerging and mature markets a flexible and reliable way to manage liquidity challenges in cross-border payments. 

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Co-founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA has deep expertise across traditional finance, payments, and Web3. The team shares a passion for innovation and is committed to transforming how money moves globally and building next-generation market infrastructure for payments and financial services. 

MANSA has raised $3 million in a pre-seed funding round led by Tether and co-led by Polymorphic Capital with participation from other prominent investors, including Octerra Capital, Faculty Group, and Trive Digital. The fintech company has secured an additional $7 million in liquidity funding from institutions, including corporate investors, quantitative funds, and alternative investment firms.  The funds will support MANSA’s further market expansion into Latin America and Southeast Asia, alongside the rollout of bespoke liquidity and ancillary solutions tailored to address complex cross-border payments needs. 

“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” said Mouloukou Sanoh, CEO and Co-Founder of MANSA. “This funding accelerates our global expansion, enabling us to empower payment companies with seamless, real-time settlement infrastructure and drive the future of payments” 

“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.” said Paolo Ardoino, CEO of Tether. 

Expansion to New Markets

The funds will be instrumental in MANSA’s strategic expansion into Latin America and Southeast Asia – regions where liquidity challenges hinder cross-border transactions. MANSA intends to expand its reach and influence by enabling faster, more affordable payment solutions through scaling its liquidity infrastructure and developing strategic partnerships. 

Also Read: Egyptian SaaS Startup Qme Secures $3 Million Seed Funding

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