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several African fintechsTechCrunch
•World
World
85% Informative
Dubai -based Mansa has raised $10 million in seed funding including equity and debt.
Stablecoin provider Tether led the $3 million equity investment.
The funds will support the company’s expansion into Latin America and Southeast Asia .
Mansa says its model improves clients’ cash flow at a lower cost than fiat alternatives.
It underwrites loans based on real-time transaction data rather than collateral.
Mansa ’s revenues from financed transactions have grown 350% in the past six months .
Mansa wants to become an on-chain version of Stripe , CEO Sanoh says.
The goal is to create a one -stop payment platform where users can finance their payments, settle transactions instantly.
VR Score
84
Informative language
83
Neutral language
56
Article tone
semi-formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
6
Source diversity
5
Affiliate links
no affiliate links
