MANSA, a leading global fintech innovator focused on cross-border payments, has successfully completed its $10 million funding round, marking a key achievement in its mission to resolve liquidity challenges faced by payment companies around the world. Through its stablecoin-based solution, MANSA offers payment providers, both in emerging and developed markets, a reliable and flexible way to manage liquidity challenges in international transactions.
The funding includes a $3 million pre-seed round led by Tether, with co-investment from Polymorphic Capital and participation from several key investors, such as Octerra Capital, Faculty Group, and Trive Digital. Additionally, the company secured $7 million in liquidity funding from various institutional investors, including corporate backers and quantitative funds. The new capital will help drive MANSA’s expansion into Latin America and Southeast Asia, as well as support the rollout of tailored liquidity solutions to address complex payment needs across borders.
Since its debut in August 2024, MANSA has built strong partnerships with major payment companies across Africa, Asia, and South America. These alliances have helped drive the adoption of its instant liquidity solutions, contributing to $27 million in transaction volume to date, including nearly $11 million in on-chain transactions in January — a 574% increase from August. MANSA’s use of stablecoins reduces settlement delays and transaction costs, offering payment providers the tools they need to scale effectively.
The newly secured funds will be pivotal in accelerating MANSA’s strategic expansion into Latin America and Southeast Asia, regions where liquidity challenges are particularly pronounced. The company aims to provide faster, more affordable payment solutions by scaling its liquidity infrastructure and forging new strategic partnerships.
“MANSA is here to disrupt a massive traditional market with blockchain and the Web3 paradigm. Polymorphic supports extraordinary founders. The MANSA team is well-equipped for this incredible challenge,” said Vitaly Spassky, Managing Partner at Polymorphic Capital.
“We invested in MANSA because of their bold, diverse, high-caliber team of visionary founders tackling critical challenges in emerging markets. We firmly believe decentralized finance and asset tokenization are transformative technologies. With enormous potential in emerging economies, MANSA is uniquely positioned to drive impact and bridge the credit gap across Africa,” said Ashim Egunjobi, Managing Partner at Octerra Capital.
“We are thrilled to have been MANSA’s first investor. Our confidence in the leadership team led to our investment decision, and we are certain they will continue to validate our belief. We are equally excited about the future of crypto payments and MANSA's potential to make transactions in emerging markets faster, cheaper, and more efficient,” said Sebastian Cheek, Head of Investment at Faculty Group.
Image credit: MANSA