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Monica Cash surpasses N500bn in transaction

Monica Cash has reached an important milestone, completing three continuous years of operations while processing more than N500 billion in total transactions.

Since its launch, the platform has carved out a reputation for reliability and quick execution, particularly in cryptocurrency conversions and everyday payment services.

This achievement highlights Monica Cash’s steady expansion and consistent service, setting it apart in Nigeria’s fast-paced fintech scene.

Rather than chasing short-lived hype, the company focused on building robust infrastructure and dependable operations which is an approach that has helped it win lasting trust from users who regularly rely on the app to convert Bitcoin and other digital assets to naira without unnecessary delays or downtime.

Read also: NRS sets new deadlines for e-invoicing rollout

The volume of transactions processed is now over half a trillion naira which shows that customers keep coming back because the platform delivers a consistent, secure, and efficient experience which is a key factor in the competitive Nigerian crypto ecosystem.

Monica Cash has also broadened its offerings beyond crypto conversion to include everyday financial tools like airtime and bill payments, digital gift cards, and instant bank transfers, making it more of a full-service finance app for its users.

Folake Balogun

Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.


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