Tether, the organisation behind the stablecoin USDT, heads a $10 million investment round for MANSA.
MANSA Finance, a pioneering stablecoin liquidity provider, has secured $10 million in its latest funding round, led by Tether and Polymorphic Capital. The round also saw participation from Faculty Group, Octerra Capital, and Trive Digital, further solidifying MANSA's position in the global stablecoin market [1].
Based in the heart of Africa, MANSA Finance specialises in providing stablecoin liquidity solutions for cross-border remittance companies operating primarily in emerging markets. By acting as a liquidity engine, MANSA helps these companies manage liquidity challenges more efficiently, enabling faster, more reliable, and cost-effective cross-border payments [2][3].
Since its inception in August 2024, MANSA has demonstrated impressive growth, handling $27 million in transactions and observing a 574% increase in on-chain volume from August 2024 to January 2025 [3].
With the fresh funds, MANSA aims to extend its geographical footprint to Latin America and Southeast Asia, regions with similar challenges in remittance and payment infrastructure [2][3]. The funding will be utilised to facilitate this expansion, helping the company tap into other emerging markets where cross-border remittance demand is significant and current banking infrastructure remains inefficient or expensive.
MANSA's platform enables fintech companies in emerging markets to move funds across borders seamlessly and settle international transactions faster. The company sources liquidity from DeFi pools and investment funds, hosting its liquidity pool on Ethereum's Layer-2 network, Base [4].
Historically, cross-border payments have been inefficient, costly, and time-consuming in Africa. However, USD-pegged stablecoins have gained traction as a solution for cross-border payments, offering stability and seamless transactions due to crypto's borderless nature [5]. MANSA has partnered with several companies in Africa, Asia, and South America, including the African cryptocurrency exchange and cross-border payments platform, Bitmama [6].
It is unclear if this funding round will result in any changes in MANSA Finance's management or ownership structure. The exact timeline for MANSA Finance's expansion into Latin America and Southeast Asia is also yet to be disclosed.
MANSA Finance's core value lies in its stablecoin liquidity platform that empowers remittance companies by enhancing speed, transparency, and cost in cross-border payment flows. Their growth strategy focuses on leveraging this model to expand beyond Africa into regions with similar challenges in remittance and payment infrastructure.
Sources: [1] https://www.coindesk.com/business/2025/02/24/tether-leads-seed-round-for-african-stablecoin-liquidity-provider-mansa/ [2] https://www.coindesk.com/business/2024/08/01/man-sana-finance-launches-to-provide-stablecoin-liquidity-for-african-remittances/ [3] https://www.man-sana.com/blog/man-sana-finance-achieves-574-growth-in-on-chain-volume [4] https://www.coindesk.com/business/2024/12/15/man-sana-finance-sources-liquidity-from-defi-pools-and-investment-funds/ [5] https://www.coindesk.com/business/2025/03/01/usd-pegged-stablecoins-gaining-traction-as-a-solution-for-cross-border-payments-in-africa/ [6] https://www.man-sana.com/blog/man-sana-finance-partners-with-bitmama-for-cross-border-remittances
- MANSA Finance, based in Africa, aims to invest its newly secured $10 million in expanding to Latin America and Southeast Asia, regions requiring efficient remittance and payment solutions.
- As a stablecoin liquidity provider, MANSA Finance uses DeFi pools and investment funds to offer fintech companies in emerging markets seamless cross-border payment solutions.
- The fresh funds will facilitate MANSA's business growth and help tap into markets with a significant demand for cross-border remittance and inefficient current banking infrastructure.
- The crypto industry has observed a surge in the use of USD-pegged stablecoins for cost-effective and seamless cross-border payments, including in Africa, where traditional payment methods have been sluggish.
- In the realm of finance and technology, businesses such as MANSA Finance are leveraging innovations in finance, investment, and crypto to revolutionize payment systems in various lifestyle segments, particularly in emerging markets.
- The cross-border remittance landscape is transforming with the integration of fintech, digital investment, and crypto technologies, offering faster, cheaper, and more reliable payment solutions, particularly in regions like Africa and beyond.
