MANSA, a leading fintech company specializing in cross-border payments, recently achieved a significant milestone by raising USD 10 million in funding, with Tether taking a leading role. This funding round is poised to address the substantial liquidity challenges that global payment providers frequently encounter through innovative stablecoin-based solutions. Primarily, MANSA secured USD 3 million in a pre-seed round from Tether, with additional contributions from Polymorphic Capital, Octerra Capital, Faculty Group, and Trive Digital. Furthermore, institutional investors, including corporate investors, quantitative funds, and alternative investment firms, provided USD 7 million in liquidity funding.
The funds obtained will be integral to MANSA’s ambitious plans to expand its operations into Latin America and Southeast Asia, as well as the development of sophisticated liquidity and auxiliary solutions designed specifically for cross-border payments. Since its inception in August 2024, MANSA has forged strategic partnerships with major payment firms across Africa, Asia, and South America. These collaborations have resulted in a reported transaction volume of USD 27 million, including an impressive USD 11 million in on-chain transactions in January 2025 alone. These staggering figures underscore the growing relevance and impact of MANSA in the fintech sector.
Strategic Expansion Plans
The newly acquired capital will significantly bolster MANSA’s efforts to enhance its real-time settlement infrastructure, addressing the inefficiencies inherent in cross-border transactions. Leveraging stablecoins, the company aims to minimize settlement delays and lower transaction costs, thereby offering payment providers an efficient and reliable liquidity management solution. Tether’s representatives highlighted the advantages of using their stablecoin, USDT, for real-time settlements. They emphasized its potential to help emerging markets overcome prevalent liquidity obstacles. This financially inclusive move aligns with Tether’s broader vision of increasing the efficiency of the global financial system, fostering a more equitable and connected economy.
Expanding into regions like Latin America and Southeast Asia is a strategic priority for MANSA, as these regions often face severe liquidity constraints in cross-border transactions. By focusing on these markets, MANSA intends to provide a more streamlined and cost-effective solution that can significantly improve the flow of payments across borders. This targeted expansion will not only enhance MANSA’s global footprint but also foster greater financial inclusion and economic growth in these emerging markets. Investors and stakeholders alike are optimistic about the potential impact of MANSA’s pioneering approach to resolving cross-border payment challenges.
Leveraging Stablecoins for Enhanced Efficiency
MANSA, a pioneering fintech firm in cross-border payments, recently marked a substantial achievement by securing $10 million in funding, spearheaded by Tether. This round aims to tackle the significant liquidity issues global payment providers face through cutting-edge stablecoin solutions. Initially, MANSA raised $3 million in a pre-seed round with Tether’s leadership, complemented by contributions from Polymorphic Capital, Octerra Capital, Faculty Group, and Trive Digital. An additional $7 million came from institutional investors such as corporate entities, quantitative funds, and alternative investment firms.
This funding will drive MANSA’s ambitious expansion into Latin America and Southeast Asia and the development of advanced liquidity and support solutions for cross-border payments. Since its founding in August 2024, MANSA has formed strategic partnerships with key payment firms in Africa, Asia, and South America, boasting a transaction volume of $27 million. In January 2025 alone, they reported $11 million in on-chain transactions. These impressive figures highlight MANSA’s growing influence in the fintech landscape.