MANSA Secures $10 Million in Funding Led by Tether to Solve Liquidity Challenges in Cross-Border Payments

MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. This marks a significant milestone for 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.

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.

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.

“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”

Since its launch in August 2024, MANSA has gained traction by building partnerships with major payment companies across Africa, Asia, and South America. These strategic alliances have contributed to the proliferation of its instant liquidity solutions, resulting in $27 million in transaction volume to date, with nearly $11 million in on-chain transaction volume in January – reflecting a 574% growth from August 2024. MANSA leverages stablecoins, thereby reducing settlement delays and transaction costs, and giving payment providers the resources to scale their operations efficiently.

“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.