MANSA, a fintech company focused on cross-border payments, has closed a $10 million funding round to address liquidity challenges for payment companies. Its stablecoin-based solution provides flexible liquidity management for emerging and mature markets.
The company raised $3 million in a pre-seed round led by Tether and co-led by Polymorphic Capital, with participation from Octerra Capital, Faculty Group, and Trive Digital. An additional $7 million in liquidity funding came from corporate investors, quantitative funds, and alternative investment firms. The funds will support expansion into Latin America and Southeast Asia and the rollout of liquidity and payment solutions.
Co-founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA specialises in finance, payments, and Web3. The company aims to improve cross-border transactions by reducing settlement delays and transaction costs using stablecoins.
Since launching in August 2024, MANSA has partnered with major payment companies across Africa, Asia, and South America. Its instant liquidity solutions have processed $27 million in transaction volume, with on-chain transactions reaching $11 million in January— a 574% increase since August.
