MANSA, a Dubai-based fintech startup specializing in cross-border payments, has successfully secured $10 million in funding to enhance its stablecoin-based liquidity solutions and expand its global presence.
The funding round comprises a $3 million pre-seed investment led by Tether, the issuer of the world’s largest stablecoin, USDt (USDT), and co-led by Polymorphic Capital. Additional participants include Octerra Capital, Faculty Group, and Trive Digital. An extra $7 million in liquidity funding was raised from institutional investors, including corporate entities and quantitative investment funds.
Co-founded in 2024 by CEO Mouloukou Sanoh and COO Nkiru Uwaje, MANSA aims to revolutionize cross-border transactions by offering real-time, on-chain settlements. The company’s platform addresses liquidity challenges faced by payment providers, making international payments faster, more affordable, and more reliable.
Since its launch in August 2024, MANSA has processed over $27 million in transaction volume, with nearly $11 million transacted in January 2025 alone, marking a 574% growth from August 2024.
The newly acquired funds are earmarked for expanding MANSA’s services into Latin America and Southeast Asia, regions that often face liquidity constraints in cross-border payments. The company plans to strengthen its liquidity infrastructure and establish new partnerships with financial institutions and payment providers in these markets.
MANSA’s innovative approach leverages stablecoins to provide a viable alternative to traditional fiat currencies, enabling businesses to access digital dollars at scale and bypass local currency restrictions and capital controls. This strategy aims to make cross-border payments more efficient and inclusive, positioning MANSA as a key player in the future of global financial services.
Paolo Ardoino, CEO of Tether, expressed support for MANSA’s vision, stating that by leveraging USDT for real-time settlements and instant payouts, MANSA is solving critical pain points for payment companies operating in emerging markets.
With this substantial investment, MANSA is poised to transform the landscape of cross-border payments, addressing liquidity challenges and driving financial inclusion across emerging markets.
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