Mansa, a pioneering fintech firm providing liquidity for multinational exports and cross-border payments in emerging markets, today announced the launch of its first liquidity pool on Base. This marks a significant milestone in Mansa’s mission to democratise access to finance for businesses across Africa.
Base is a secure, cost-effective Ethereum-equivalent Layer 2 blockchain developed by Coinbase using the OP Stack, allowing Mansa to offer more efficient and accessible financial services to its clients. Mansa is now operational with two innovative pools focused on remittance and stablecoin liquidity provision, helping African businesses gain access to more affordable capital.
Mansa’s innovative approach enables venture-backed businesses to use a broad range of assets as collateral, greatly expanding the potential borrower base. As institutional adoption of this model increases, Mansa’s transformative methods and strategic partnerships are poised to play a crucial role in shaping the future of finance in emerging markets. With a presence in both Africa and the UK, Mansa collaborates closely with African businesses, supporting their growth through trade finance and cross-border payment liquidity.
“We are thrilled to launch our new liquidity pool on Base,” said Mouloukou Sanoh, CEO and Co-founder of Mansa. “This development will help businesses overcome USD limitations and manual processes that have long constrained growth. Our platform unlocks new sources of liquidity, directly addressing the credit gap in emerging markets.”
Emerging markets, particularly in Africa, face a substantial financing gap that hinders business growth and economic development. Timely and cutting-edge solutions like DeFi are essential for the continued advancement of these rapidly growing economies.
Mansa leverages blockchain technology to offer transparent and accessible methods for trading and managing assets. By connecting businesses with global investors, the platform is creating next-generation financial infrastructure that overcomes traditional barriers, such as limited financial services and foreign exchange constraints. This forward-thinking approach is especially beneficial for regions like Africa, where such limitations have historically hindered progress.
