Mansa Raises $10M in Seed Funding for Stablecoin Liquidity

- Mansa raises $10M in seed funding led by Tether
- Expanding stablecoin liquidity provision services to Latin America and Southeast Asia
- Already disbursed over $18M in payments financed to clients
- Access to over $200M in liquidity through partner network
- Co-founders bring expertise in finance, payments, and web3
- Plans to develop new products, including foreign exchange and payout services
Mansa's platform allows payments companies to settle transactions and fund customer accounts instantly using stablecoins. The company has already disbursed over $18 million in payments financed to its clients and has access to over $200 million in liquidity through its partner network. Mansa's co-founders, CEO Mouloukou Sanoh and COO Nkiru Uwaje, bring several years of expertise in finance, payments, and web3. The company plans to use the funding to expand its services to new regions and develop new products, including foreign exchange and payout services.