Mansa introduces trade finance and cross-border payments for emerging markets

This is a key milestone in Mansa’s mission to democratize access to finance for businesses in Africa.

Base is a secure, low-cost, Ethereum-equivalent L2 blockchain built on Coinbase’s OP Stack, enabling Mansa to offer more efficient and accessible financial services to its customers. Mansa is currently active with two innovative pools focused on providing remittances and stablecoin liquidity, making it easier for African companies to access cheaper capital.

Mansa’s groundbreaking approach enables venture capital-backed companies to leverage a wide range of assets as collateral, significantly expanding the pool of potential borrowers. As institutional adoption of this model accelerates, Mansa’s transformative approach and strategic partnerships will play a critical role in shaping the future of finance in emerging markets.

“We are excited to launch our new liquidity pool on Base,” said Moulukou Sanoh, CEO and co-founder of Mansa. “This move will help companies overcome USD restrictions and manual processes that have long limited growth. Our platform opens up new sources of liquidity and directly closes the credit gap in emerging markets.”

Emerging markets, particularly in Africa, face a significant financing gap that hinders business growth and economic expansion. Timely and cutting-edge solutions like DeFi are critical to the continued growth of these fast-growing economies.

Mansa leverages blockchain technology to provide transparent and accessible ways to trade and manage assets. By connecting companies with global investors, the platform creates a next-generation financial infrastructure that overcomes traditional barriers such as a lack of financial services and foreign exchange restrictions. This forward-looking approach is particularly beneficial for regions such as Africa, where such restrictions have hindered growth in the past.