Q&A | How Africa-Focussed Stablecoin Liquidity Provider, MANSA Finance, Grew Over 37% MoM in 6 Months – A Chat with CEO, MANSA Finance

MANSA Finance, a Dubai-headquartered Africa-focussed liquidity platform for payment companies, raised a combined $10 million in February 2025 — $3 million in equity led by Tether and $7 million in revolving stablecoin credit. It happened after processing $100 million in transactions and averaging 37% month-on-month growth since its launch in August 2024.​

BitKE had a chat with MANSA’s Co-Founder and CEO, Mouloukou Sanoh**,** where he explained how a stablecoin credit line is helping African, Latin-American, and Asian PSPs clear cross-border payments in real time and what the next stage of Web3 liquidity looks like.

Q: Congratulations on securing $10 million in funding! Can you walk us through what this milestone means for MANSA at this stage of your journey?

Sanoh: Thank you! That capital is more than a runway; it is outside validation from the world’s largest stablecoin issuer and well-respected funds. A $3 million equity tranche led by Tether, with Polymorphic Capital and TRIVE Digital joining in, will fund product and compliance hires. The $7 million liquidity line triples the size of the stablecoin pool we advance to partners, enabling us to finance roughly $250 million in annual run-rate volume without locking cash in every market.

Q: MANSA has achieved over 37% month-on-month growth in just six months — what do you think has driven this explosive traction, especially in Africa?

Sanoh: First, scarce foreign-exchange liquidity in markets like Nigeria and Ghana made an instant-settlement rail attractive; the Naira alone faced a $7 billion FX backlog at the start of 2024.​ Second, an API-first model lets new payment service providers draw stablecoin credit within a day, so referrals spread quickly. Third, we cut the blended cost of FX and treasury operations from about 6.5% to below 2% and so delivered a margin that African CFOs could measure in weeks, not quarters.​

Q: Your platform leverages stablecoins like USDT to streamline cross-border payments. How does this approach solve the liquidity and settlement challenges traditional systems face?

Sanoh: Conventional PSPs must prefund Nostro accounts in every destination; that ties up working capital and stretches settlement to T+2. MANSA fronts USDT to the receiving partner the moment a transaction is initiated, nets positions on-chain, and sweeps FX once a day, turning the process into same-day cash flow while still giving clients fiat payouts.​

Q: How did your background in traditional finance and Web3 influence the design and direction of MANSA’s solutions?

Sanoh: I’ve spent my formative years working in Investment Banking and Private Equity in Hong Kong and later led investments at Adaverse, investing in leading fintechs in emerging markets. Those roles showed me where banks hemorrhage float and compliance costs. Running Cassava Network afterward revealed how stablecoins and smart contracts can remove that drag. MANSA is simply the institutional-grade wrapper around those Web3 primitives.​

Q: You’ve formed strategic partnerships across Africa, Asia, and South America. How important are these alliances to MANSA’s ability to scale globally?

Sanoh: They are essential. A liquidity pact with Nigeria’s Bitmama opened eighteen African markets overnight, while similar deals in Brazil and the Philippines eliminated the need for local subsidiaries. Once a payout partner is integrated, the incremental cost of opening a new corridor drops to nearly zero, turning every new alliance into an exponential network effect.​

Q: With the latest funding, you’re expanding into Latin America and Southeast Asia. Why those regions, and what opportunities or challenges do you foresee there?

Sanoh: Both regions combine high remittance inflows with chronic dollar shortages. In Argentina, stablecoins already account for more than half of crypto purchases on Bitso’s exchange, while Brazil’s central bank data shows 90% of local crypto flows are now stablecoins.​ Regulators are generally pro-innovation but nuanced, so we’re starting with sandboxed corridors such as Brazil-to-Colombia and Singapore-to-Philippines, then widening once we have a compliance track record.

Q: $27 million in transaction volume in just six months is impressive – how do you maintain speed, security, and reliability as you scale further?

Sanoh: We treat liquidity like cloud capacity and autoscale it: corridor limits adjust in real time based on volatility haircuts, while multi-sig wallets, hardware-key quorum, and continuous proof-of-reserves attestations keep counterparty risk contained. Our peak-day throughput hit $1.2 million with zero failed payouts, and we audit those metrics monthly.​

Q: Tether led the funding round, with backing from big names like Polymorphic Capital and TRIVE Digital. What drew these major players to MANSA’s vision?

Sanoh: For Tether, every corridor we finance further embeds USDT in real-world payments. Polymorphic backs “picks-and-shovels” liquidity plays in Web3, and MANSA’s programmable credit lines match that thesis. TRIVE sees us as the last mile that turns blockchain rails into everyday commerce in emerging markets.​

Q: What role do you see MANSA playing in the future of financial inclusion, particularly for underserved markets and small payment providers?

Sanoh: Liquidity is inclusion. When a micro-PSP in Kampala no longer has to sit on an idle float across five currencies, it can price remittances 30% lower and still make money. We want to be the invisible liquidity layer that lets any licensed PSP, no matter how small, access the same instant-settlement rails as a multinational bank.​

Q: Looking ahead, what are the biggest trends in Web3 and cross-border payments that you’re watching – and how is MANSA preparing to lead in that space?

Sanoh: I see three forces converging. First, hybrid rails will link central bank digital currency pilots with stablecoin liquidity pools, and whoever stitches those together will own the customer relationship. Second, programmable compliance (on-chain KYC and AML proofs) will let regulators query rather than gate transactions, and we are already trialing zero-knowledge risk scoring in select corridors. Finally, liquidity-as-a-service will become as routine for PSPs as cloud hosting; our revolving stablecoin lines are designed to be that backbone.​

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