Monierate, the real-time exchange rate intelligence platform, has expanded its rate radar to include a new set of providers: Textile, Gate Exchange, Doux, MavaPay, Zobo, Vban and Karsa. The additions bring the platform's total coverage to more than 90 sources across the African exchange market.

The expansion gives fintechs, neobanks, treasury teams and cross-border businesses a wider, more accurate view of where African currencies are trading in real time, reducing the blind spots that come from relying on a handful of providers. For pricing teams, remittance operators and businesses moving money across borders, the rate that matters is rarely a single number; it is the spread across the whole market. Until now, that reality often meant checking multiple apps by hand or relying on second-hand quotes from informal WhatsApp groups. Monierate consolidates that fragmented picture into one live feed for businesses and investment houses.

Why broader coverage matters

Every additional source sharpens the market picture. A wider set of providers means tighter visibility into the true spread — how far apart the cheapest and most expensive rates sit — and a more reliable composite index for teams that set their own rates. That spread is especially consequential in African FX, where the official rate has at times diverged from what businesses actually pay on the street or through P2P channels. A composite drawing on more than 90 providers captures both ends of that spectrum in a single view, which a single-provider feed cannot show on its own.

"Our goal has always been to be a transparent and independent source of truth across supported currencies. Every provider we add makes the market a little more transparent for the businesses that depend on accurate pricing."

— Olayinka Omoniyi, Co-founder, Monierate

The newly added providers extend Monierate's reach across additional P2P liquidity and remittance corridors, and neobank rates, deepening coverage of existing pairs and adding new corridors such as KES, GHS, ZAR and BRZ.

What this means for users

With the expanded radar, Monierate users can now:

• Compare live currency rates across a broader set of providers in one place
• Track the market spread with greater accuracy as more sources feed the index
• Identify the most competitive provider for a given transaction faster
• Set their own rates with confidence, backed by a fuller view of the market
• Analyze the currency market with the Monierate Intelligence dashboard
• Access more providers in Kenya and Ghana

The additions are live now and available to all Monierate users across the platform's dashboard and API:

• Textile — a decentralised, non-custodial provider for stablecoin liquidity such as NGN <> USDT
• Doux Finance — building modern financial products for the next generation of African users and businesses
• Gate Exchange — enabling users to buy, sell and manage digital assets securely worldwide
• Vban — simplifying access to global banking and virtual account solutions for freelancers
• Zobo — offering digital financial services that improve everyday money management
• Karsa — helping users access modern financial solutions designed for Asian and African consumers
• MavaPay — connecting users and businesses to friction-free Bitcoin Lightning and fiat rail infrastructure

The mix of new sources also mirrors how value moves across African borders today: several of the additions — Textile, Gate Exchange, MavaPay — are anchored in digital-asset and stablecoin liquidity, so the radar now spans both fiat and stablecoin pricing for pairs such as NGN <> USDT.

The rate radar expansion is part of Monierate's broader push to become the definitive source for NGN and other African stablecoin exchange rate data. The company plans to continue onboarding new providers and expanding into additional corridors. API endpoints remain constant and fully operational.

Further information is available on the official website: monierate.com.