MonkingMe a music streaming app appointed its former chief content officer Ivet Anoro, as its new CEO.
The app, which has been downloaded more than 4m times so far, offers a catalogue of free music to stream and download for offline listening.
It uses a virtual currency system – ‘bananas’ – that listeners can earn by interacting with video ads and quizzes and spend on features within the app.
“MonkingMe is at an exciting stage right now. We are getting traction in terms of users and are very focused on bringing new catalogs on board,” Anoro told Music Ally.
“In that regard, we closed 2020 with more than 300% growth. So far in 2021, we have already surpassed the total amount of songs ingested throughout 2020, reaching just over the 2.6m tracks available on our platform.”
“We are well aware that we still have a long way to run, though we have already built all the infrastructure