MANSA Secures $10M to Expand Stablecoin-Powered Cross-Border Payments
TLDR
- MANSA has raised $10 million to scale its stablecoin-based liquidity solutions
- The funding includes a $3 million pre-seed round led by Tether and Polymorphic Capital
- Since its launch in August 2024, MANSA has processed $27 million in transaction volume
MANSA, a fintech firm specializing in cross-border payments, has raised $10 million to scale its stablecoin-based liquidity solutions and expand into Latin America and Southeast Asia. The funding includes a $3 million pre-seed round led by Tether and Polymorphic Capital, alongside $7 million in liquidity financing from institutional investors.
Founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA enables real-time settlements for payment providers, reducing costs and delays in cross-border transactions.
Since its launch in August 2024, MANSA has processed $27 million in transaction volume, with $11 million in on-chain transactions in January alone, reflecting 574% growth.
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Key Takeaways
MANSA’s expansion underscores growing demand for blockchain-powered payment infrastructure. Stablecoin adoption is rising as payment firms seek faster, cost-efficient solutions for cross-border transfers. By targeting emerging markets, MANSA aims to bridge liquidity gaps and offer seamless settlement solutions. Its partnerships with major payment providers signal strong institutional interest in blockchain-based financial infrastructure. The funding positions MANSA to scale operations globally while reinforcing stablecoins' role in transforming international payments. As regulatory clarity improves, fintechs like MANSA could drive wider adoption of digital assets in mainstream financial services.
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