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Monica Technologies Limited

Monica Technologies Limited

Monica.cash is a Nigerian fintech service that provides a mobile application for various financial solutions. It enables users to make payments in Naira (₦), convert cryptocurrency to cash, pay bills, buy airtime, and access gift cards. The platform, which also operates as a social payment and financial management tool, emphasizes security, speed, and compliance with regulatory requirements for its users.
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Description

Monica is a social payment and financial management platform tailored for the Nigerian market, accessible via the Monica.cash mobile app and website. The service facilitates a range of financial activities, including instant conversion of cryptocurrencies like Bitcoin, Ethereum, and USDT to Naira, with payouts to over 30 Nigerian banks. It also allows users to pay bills, purchase airtime and data, and access more than 1,000 gift cards. A key feature is the ability to create and fund a virtual dollar card for global online transactions. Monica's mission is to enhance financial freedom by bridging the gap between traditional and digital finance. To ensure security and adhere to KYC and AML regulations, the platform requires user identification (such as BVN or NIN) and employs security measures like encryption, regular audits, and multi-factor authentication.