MANSA
ActiveStablecoin settlement network: instant payouts, collections, on/off-ramps, FX, virtual IBANs
Stablecoin-powered settlement and liquidity network for payment companies: instant payouts and collections across 40+ corridors, on/off-ramps, institutional FX and virtual IBANs, so operators need not pre-fund destination accounts. Launched August 2024 by Mouloukou Sanoh and Nkiru Uwaje; raised $10M ($3M pre-seed led by Tether plus $7M liquidity financing) in February 2025 and joined Hub71's Cohort 17 in Abu Dhabi in September 2025.
Founders
Funding Rounds
Lead: Tether
Investors: Tether, Polymorphic Capital, Octerra Capital, Faculty Group, Trive Digital
Investors: Tether, Polymorphic Capital, Octerra Capital, Faculty Group, Trive Digital.
Investors: corporate investors, quantitative funds, alternative investment firms
USD 7M 'liquidity funding' from unnamed institutions (DeFi institutions, quant funds, family offices, hedge funds per TechCrunch), announced together with the pre-seed; recorded as debt because it is liquidity capital, not equity. Also: https://techcrunch.com/2025/02/19/tether-backs-stablecoin-liquidity-provider-mansa-in-10m-seed-round https://www.ledgerinsights.com/tether-backed-mansa-raises-10m-for-cross-border-payments-with-stablecoins/ Confidence: confirmed (round 13, Finextra (company press release)).
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