Monaco Card Program Receives Green Light

Hong Kong (ots/PRNewswire) - Monaco, the pioneering payments and
cryptocurrency platform, today announces that its prepaid card
program has received the green light from the card issuer, a FinTech
leader in payment processing and issuing products in Singapore.

(Logo: http://mma.prnewswire.com/media/569858/Monaco_Logo.jpg )

(Photo: http://mma.prnewswire.com/media/593747/Monaco_Visa_Card.jpg )

"Our team has worked incredibly hard over the past year to achieve
this milestone. This is an important step towards Monaco's vision to
introduce cryptocurrency to the mass market," said Kris Marszalek,
co-founder and CEO of Monaco. "We believe that the Monaco card
program lays solid foundation for Monaco's growth, and we're grateful
to all partners for their support. The demand for the Monaco Visa
prepaid cards has exceeded our expectations with over 17,000 cards
reserved, based on word of mouth alone. With perfect interbank
exchange rates, and 0.75 percent cryptocurrency cashback on all
transactions, the Monaco Visa prepaid card will become the card of
choice for consumers. More perks will be added over time to turn the
Monaco Visa prepaid card into a dominant force in payments."

iOS and Android users in Singapore can download the Monaco app,
select a Monaco Visa prepaid card from five available options,
including the Monaco Visa Platinum prepaid cards, and complete the
three-minute onboarding process to register for the waiting list.

With the Monaco app, users will be able to buy and exchange
cryptocurrencies including bitcoin and ethereum. Monaco Visa prepaid
cards work anywhere Visa is accepted, allowing users to spend legal
tender currency converted from cryptocurrency without currency
exchange fees. All cryptocurrency exchanges to legal tender currency
will be managed by Monaco before users transact on the Visa network.

For more information, please visit Monaco's website at www.mona.co.
The Monaco app is available for download for iOS and Android users.

About Monaco

Founded in June 2016, Monaco is the pioneering payments and
cryptocurrency platform allowing users to buy, exchange and spend
bitcoin and ethereum at perfect interbank exchange rates. Customers
can use Monaco Visa prepaid cards anywhere Visa® cards are accepted.
Monaco raised over US$26.7 million through one of the most successful
Token Sale events to date. The company is headquartered in
Switzerland with operations in Hong Kong and Singapore. For more
information, please visit www.mona.co.

For press enquiries, please contact:

[email protected]

+852-2231-8116

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN

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