Mansa
Portfolio of Mansa-originated facilities to international payments and remittance companies
Last updated
Portfolio of Mansa-originated facilities to international payments and remittance companies
Last updated
Overcollateralized SPV containing a portfolio of Mansa-originated facilities to international payments and remittance companies predominantly located in SEA, MENA, and LATAM.
Asset Type
Working Capital Loans
Agency Rating
B-/B3
TRA Rating (1-5)
3.3
Contribution to Credit Risk
0.495
Target Weight in nRWA
15%
Est. APY
20%
Scorecard
Custody
Coinbase
Issuance
Mansa creates a line of credit on TrueFi.
Administration
Cicada Partners is Administrative Agent under the asset-backed lending agreement to ensure compliance and with multi-sig step-in rights in the event of a covenant breach.
Loan Origination
Mansa originates loans to payment companies using stablecoin settlment rails.
Yield Generation
Borrowers repay loans with interest, generating yield.
Mansa is a BVI-domiciled working capital financing provider to international payment and remittance businesses located in SEA, MENA, and LATAM.