Expansion of MANSA intensifies in Latin America and Southeast Asia, securing $10 million in funding, predominantly led by Tether.
MANSA Secures $10 Million to Expand Cross-Border Payments Solutions
MANSA, a pioneering cross-border payments solutions provider, has successfully raised $10 million in a funding round. This investment, led by Tether and Polymorphic Capital, will support MANSA's expansion into Latin America and Southeast Asia.
Since its inception in 2024 by Mouloukou Sanoh and Nkiru Uwaje, MANSA has been committed to transforming the way money moves worldwide. The company's innovative stablecoin-based solution aims to reduce settlement delays and transaction costs in cross-border payments, addressing critical pain points for payment companies operating in emerging markets.
Tether, a leading stablecoin issuer, supports MANSA by leveraging USDT for real-time settlements and instant payouts. This collaboration enhances MANSA's liquidity management, a key factor in making cross-border transactions faster, cheaper, and more reliable worldwide.
Paolo Ardoino, CEO of Tether, commented that MANSA's vision for addressing liquidity challenges in cross-border payments aligns with Tether's mission for a more efficient and inclusive financial system.
MANSA's CEO, Mouloukou Sanoh, stated that the recent fundraising marks a significant milestone in the company's mission. The funds will be used to scale the stablecoin-based liquidity infrastructure and develop strategic partnerships.
In addition to the $3 million pre-seed round co-led by Tether and Polymorphic Capital, MANSA secured an additional $7 million in liquidity funding from institutions including corporate investors, quantitative funds, and alternative investment firms.
As of January, MANSA has facilitated nearly $11 million in on-chain transaction volume, representing a 574% increase from August 2024 to January 2025. This strong growth momentum will be further accelerated with the new funding, allowing MANSA to solidify its position as a leading player in the cross-border payments sector.
Octerra Capital, Faculty Group, and Trive Digital also participated in the funding round, demonstrating a collective belief in MANSA's mission to revolutionise the global payments landscape. With this support, MANSA is poised to make a significant impact in the emerging markets of Latin America and Southeast Asia.
The newly raised funds, totaling $10 million, will be utilized by MANSA to scale its stablecoin-based liquidity infrastructure and foster strategic partnerships, aiming to revolutionize the global payments landscape, particularly in Latin America and Southeast Asia. The strategic industry collaboration between MANSA and Tether, a leading stablecoin issuer, will enable MANSA to leverage USDT for real-time settlements and instant payouts, enhancing technology-driven financial solutions in the news-worthy, fast-growing cross-border payments industry.
