September 20, 2024

FINTECH MAGAZINE AFRICA

Fintech eyes in africa

MANSA and Bitmama Forge Partnership to Strengthen Cross-Border Payment Solutions in Africa

MANSA, a prominent decentralized finance (DeFi) platform focused on cross-border payments and trade finance, has entered into a strategic partnership with Bitmama, a leading blockchain payment platform. This partnership is aimed at enhancing the accessibility of cross-border payments across Africa.

Under this collaboration, MANSA will provide the liquidity required for Bitmama to pre-fund accounts in 18 countries, significantly boosting payment capabilities for consumers and facilitating smoother cross-border trade for businesses across the continent.

Mouloukou Sanoh, CEO and Co-Founder of MANSA, expressed enthusiasm about the partnership, stating, “This collaboration with Bitmama is a pivotal step forward for MANSA. By supplying the necessary liquidity, we are enabling individuals and businesses to access more efficient cross-border payment services. This initiative is fully aligned with our goal to address the liquidity challenges that impede growth for entrepreneurs and businesses in Africa and other emerging markets.”

Since its inception last year, MANSA has rapidly expanded its footprint in key African markets by leveraging blockchain technology to offer transparent and accessible asset management and trading solutions. The company works closely with leading liquidity providers within the DeFi ecosystem to promote financial inclusion and drive economic growth across the region.

The collaboration between MANSA and Bitmama is poised to make a significant impact on cross-border payments in Africa, addressing long-standing challenges and contributing to economic growth and financial inclusion across the continent.

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