Mansa, a fintech company focused on facilitating liquidity for multinational exports and cross-border payments for companies in emerging markets, has made a substantial advancement by launching its inaugural liquidity pool on Base. This milestone represents a significant step towards Mansa’s mission to democratize access to financing for businesses across Africa.

Base, developed by Coinbase, is a secure and low-cost Ethereum-equivalent Layer 2 (L2) blockchain built on the OP Stack. This advanced platform empowers Mansa to provide more efficient and accessible financial services to its clients. By utilising the capabilities of Base, Mansa is currently operational with two innovative pools dedicated to remittance and stablecoin liquidity provision. This initiative aims to assist African businesses in accessing cheaper capital.

Mansa is a pioneering decentralized finance lending protocol dedicated to democratizing access to financing opportunities for businesses in emerging markets. A distinctive feature of Mansa’s approach is its provision for venture-backed businesses to utilise a diverse range of assets as collateral. This flexibility substantially expands the pool of potential borrowers, providing unprecedented opportunities for businesses that have historically encountered financial constraints. As institutional adoption of this model escalates, Mansa’s transformative approach, coupled with its strategic partnerships, is poised to play a pivotal role in redefining the landscape of finance in emerging markets.

With established operations in Africa and the UK, Mansa is uniquely positioned to work closely with African businesses, providing them with the trade finance and cross-border payments liquidity they need to fuel their growth. Mansa’s on-the-ground presence ensures a deep understanding of the local business landscape and the specific challenges faced by companies in these regions.

“We’re thrilled to launch our new liquidity pool on Base,” said Mouloukou Sanoh, CEO and Co-founder of Mansa. “This move 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 significant financing gap that hinders business growth and economic expansion. Timely and cutting-edge solutions like Decentralized Finance (DeFi) are essential for the continued growth of these rapidly advancing economies. Mansa’s innovative use of blockchain technology offers transparent and accessible means of trading and managing assets, connecting businesses with global investors and creating a next-generation financial infrastructure that overcomes traditional barriers such as lack of financial services and foreign exchange (FX) constraints.

Mansa’s launch of its trade-finance and cross-border payments services on the Base blockchain represents a significant advancement in addressing the financing gaps faced by African businesses. Through innovative financial solutions and strategic use of blockchain technology, Mansa is paving the way for a more inclusive and efficient financial future for emerging markets.