Monirates, the float-as-a-service platform building cross-border FX and payment infrastructure for Africa, today announced it has surpassed ₦1 billion in transaction volume — a major milestone for intra-African fintech.
Launched just months ago, Monirates is reshaping how money moves between African countries — starting with corridors like Nigeria, Ghana, Kenya, and Francophone West Africa. The platform empowers businesses and consumers to send, settle, and exchange currencies in real-time.
“₦1 billion moved isn’t just a metric. It’s a signal that intra-African finance is finally being rebuilt the right way — fast, local, and reliable,” said Nnenna Nkata , Co-founder and CEO of Monirates.”
With over 1,700 users onboarded and 20+ businesses testing its B2B API, Monirates is doubling down on corridor growth and agent expansion in 2025
Monirates is a cross-border infrastructure layer that enables African businesses to settle FX and move funds across borders. With its B2B portal, partner dashboard, and API, Monirates delivers float-as-a-service capabilities without the need for wallet systems or legacy banking integrations.
Join the movement powering Africa’s cross-border future. Whether you’re sending money or scaling your business, Monirates gets you there faster, smarter, borderless.
Explore Monirates Now – For Individuals & Businesses Ready to Move
🌍 For Individuals: 👉 www.monirates.com
🏢 For Businesses & API Partners: 👉 business.monirates.com
dev.business.monirates.com
📩 Questions? Reach us at info@monirates.com