Esca Finance, a Nigerian-founded foreign exchange (FX) sourcing and treasury management startup, has announced a partnership with MANSA, a Tether-backed stablecoin settlement provider. This collaboration is designed to facilitate same-day settlements across major African payment corridors, including Nigeria, Ghana, and Francophone West and Central African markets.

The partnership integrates Esca’s FX, banking, and local payout infrastructure with MANSA’s stablecoin-backed settlement rails. This approach is intended to allow payment companies and remittance providers to complete transactions more quickly, reducing the need to pre-fund accounts in various destination countries. Historically, cross-border payment operations often require businesses to park capital across multiple markets in advance, which can tie up working capital and elevate expansion costs.

Esca stated that MANSA’s infrastructure provides liquidity when transactions are initiated, thereby diminishing the necessity for businesses to maintain substantial balances across numerous countries. This development highlights a growing trend among FX infrastructure providers, who are leveraging stablecoins to offer faster settlement options to businesses seeking alternatives to traditional correspondent banking systems, which can be slow and costly in several African markets. Stablecoin-based settlement infrastructure is emerging as a mechanism for international money movement and for improving access to dollar liquidity.

Through this partnership, Esca’s customers will be able to move money across Nigerian, Ghanaian, XAF, and XOF corridors with same-day settlement, rather than experiencing delays associated with conventional banking networks. Esca projects that transactions routed through MANSA’s infrastructure will constitute between 10% and 20% of its monthly payment volume over the next 12 months.

“MANSA’s settlement-first USDT rails have strengthened our ability to deliver same-day settlements across key African corridors, helping Esca scale more efficiently with tier-one remittance players,” said Shalom Osiadi, chief executive officer of Esca Finance.

Founded in 2023, Esca Finance specializes in assisting businesses with foreign exchange exposure across emerging markets. The company reports processing between $75 million and $120 million in monthly transaction volume, serving clients that include remittance firms, fintechs, exporters, and multinational businesses. Its client roster includes MoneyGram and Bridge, the Stripe-owned stablecoin infrastructure company.

This initiative supports Esca’s broader expansion strategy across the Common Market for Eastern and Southern Africa (COMESA). The company is currently operational through partner rails in Burundi, Comoros, the Democratic Republic of Congo, Egypt, Ethiopia, Kenya, Malawi, Mauritius, Rwanda, Uganda, Zambia, and Zimbabwe. Esca also plans to extend its reach into additional markets, such as Seychelles and Djibouti, in 2026.

“Esca has built deep capabilities in local execution and banking relationships across African markets, while MANSA provides the settlement liquidity layer,” commented Mouloukou Sanoh, chief executive officer and co-founder of MANSA.