monica.cash
in the News
Independent and partner coverage of Nigeria's crypto to naira off ramp: 700,000+ users, ₦1T+ processed, operating since 2023.
Press Coverage
Nigeria's digital finance evolution expands beyond crypto trading
Why Nigeria's growing crypto economy is driving users toward Monica Cash
Monica Cash surpasses ₦500bn in transactions
Nigerians shift to Monica Cash for faster Bitcoin to naira payouts, analysts say
Why Nigerians are moving to Monica Cash to avoid delays in Bitcoin to naira withdrawals
Users applaud fintech firm over faster Bitcoin to naira withdrawals
Monica Cash expands direct Bitcoin to naira bank withdrawals as crypto adoption rises
Monica Cash gains ground as Bitcoin to naira conversion demand rises
Crypto withdrawals accelerate in Nigeria, Monica Cash bridges rising Bitcoin to naira demand
Nigerians shift from Binance P2P to Monica Cash for faster Bitcoin to naira transactions
Monica Cash enters Nigeria's conversation around safer Bitcoin to naira transactions
Best crypto app in Nigeria
Company Facts for Journalists
Everything a reporter needs to check, in one sheet. Figures are stated as of October 2026.
| Fact | Detail |
|---|---|
| Legal entity | Monica Digital Assets Limited, Lagos, Nigeria |
| Product | Direct crypto to naira conversion (7 core assets), bills, airtime, gift cards, virtual dollar card |
| Scale | 700,000+ users · ₦1T+ processed · operating since 2023 (as of October 2026) |
| Speed & fees | Naira payout within 60 seconds of the network confirming. 0% conversion fee and 0% bank withdrawal fee. Free deposits on USDT, USDC, ETH, SOL, TRX and BNB. Bitcoin deposits carry a flat $2 fee. You pay the blockchain network fee when you send. |
| What Monica is | A crypto off ramp, not an exchange and not a bank. Naira accounts, transfers and payouts are carried out by banking partners licensed by the CBN; crypto deposits and conversion are handled by licensed crypto exchanges. |
| App ratings | 4.5★ Google Play (13,000+ reviews) · 4.5★ App Store, Nigerian storefront (as of October 2026) |
| Press contact | [email protected] |
Press kit
Boilerplate, logo files and the figures we publish, ready to paste.
Boilerplate
monica.cash is a Nigerian crypto to naira off ramp operated by Monica Digital Assets Limited, Lagos. Customers send Bitcoin, USDT, USDC, Ethereum, Solana, Tron or BNB to their personal Monica address and receive naira in their bank account within 60 seconds of the network confirming. Since 2023 the service has grown to 700,000+ users and over ₦1 trillion processed.
Logo files
Figures, as of October 2026
Press contact: [email protected]. This inbox is monitored and media requests are routed to the communications team.
Press FAQ
Where has monica.cash been covered in the press?
Forbes Africa, CNBC Africa, BusinessDay, TheCable, Daily Trust, The Nation, The Sun, Financial Nigeria, MarketingEdge, Culture Custodian and Condia, all linked on this page.
What milestones has the press reported?
BusinessDay (February 2026) reported Monica surpassing ₦500 billion in cumulative transactions, serving 500,000+ users at the time. As of October 2026 Monica reports 700,000+ users and ₦1 trillion+ processed.
How do I contact Monica for press inquiries?
Email [email protected]. Media requests are routed to the communications team.
Where can I verify Monica's scale claims?
The Play Store and App Store listings (live ratings), the BusinessDay and CNBC Africa coverage linked here, and the public stats on monica.cash.
Writing about crypto in Nigeria?
We're happy to share data, quotes and context on the crypto to naira market. Reach out any time.