UAE-based fintech MANSA has successfully raised $10 million in its first funding round, aiming to revolutionize liquidity solutions in cross-border payments. The funding includes $3 million in pre-seed investment and $7 million in liquidity funding, allowing the company to scale operations and expand into Latin America and Southeast Asia.
Breakdown of the Funding Round
- Pre-seed Round ($3M): Led by Tether, co-led by Polymorphic Capital, with participation from Octerra Capital, Faculty Group, and Trive Digital.
- Liquidity Funding ($7M): Secured from institutional investors, corporate backers, quantitative funds, and alternative investment firms.
These funds will strengthen MANSA’s liquidity infrastructure and accelerate partnerships with global payment providers.
MANSA’s Role in Cross-Border Payments
Founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA leverages stablecoins to help emerging-market payment providers overcome liquidity shortages. Stablecoins, pegged to fiat currencies like the US dollar, offer price stability, making them ideal for cross-border transactions.
According to Tether CEO, Paolo Ardoino, “By leveraging USDT for real-time settlements and instant payouts, MANSA is solving key liquidity challenges for payment companies operating in developing economies.”
Fast-Growing Market Demand
Since its August 2024 launch, MANSA has processed $27 million in transaction volume, including $11 million in on-chain transactions in January 2025 alone. The fintech has already partnered with payment firms like Bitmama and InvoiceMate, driving instant liquidity adoption across borders.
CEO Mouloukou Sanoh emphasized the company’s mission:
“This funding will drive our global expansion, empowering payment companies with real-time settlement infrastructure and reshaping the future of payments.”
Why Liquidity Solutions Matter
Global cross-border payment volumes are projected to grow from $150 trillion (2017) to over $250 trillion by 2027, according to the Bank of England. However, liquidity shortages continue to hinder transactions, causing delays and high fees.
Key challenges include:
✔ High remittance costs – averaging 6.65% globally (World Bank).
✔ Slow settlement times, affecting business cash flow.
✔ Limited access to liquidity, especially in emerging markets.
MANSA aims to reduce these inefficiencies with on-chain liquidity solutions, allowing payment providers to facilitate faster, cost-effective transactions.
Moving Forward
With $10M in fresh funding, MANSA is poised to disrupt the global payments industry. By leveraging stablecoins and blockchain-powered liquidity solutions, the company is on track to make cross-border transactions faster, cheaper, and more efficient for businesses worldwide.
