• Business - Companies
  • Updated: September 07, 2022

Revenue: GTCo’s HabariPay Records  N447.8 Million In Six Months

For the first six months of 2022, HabariPay, the fintech subsidiary of Guaranty Trust Holding Co Plc, recorded N447.8 million revenue

This was disclosed in the company’s financial report, adding that the digital payment subsidiary incurred N70.6 million in operating expenses during the period under review

Commenting on the new subsidiary after the CBN’s final approval of its operation, Segun Agbaje, Group Chief Executive Officer of GTCO Plc said: “Payments are central to the development of financial services globally and represent a key growth area for the Group.

“GTCO Plc has been at the forefront of delivering cutting-edge innovative solutions with its banking franchise and would leverage this capacity to transform the evolving payment space.

"With HabariPay, we have successfully created more value for our stakeholders.

“Our vision is an Africa where every payment is digital, and we hope to achieve this by increasingly leveraging technology to improve access to financial devices for individuals and empower businesses across Africa with the right digital tools to thrive.”


Related Topics

Join our Telegram platform to get news update Join Now
Felicia Abisola  Olamiji
Felicia Abisola Olamiji

  A graduate of English Language from Olabisi Onabanjo University, passionate about learning new...

More From this Author


lasaco assurance plc Financial Services

Lasaco Assurance Plc was incorporated on 20th December 1979 under the Companies ...

npf microfinance bank plc Financial Services

NPF Microfinance Bank Plc Formerly known as NPF Community Bank Ltd, was incorpor...

abbey mortgage bank plc Financial Services

Abbey Mortgage Bank Plc is the premier, largest, and most profitable, non-aligne...

fidelity bank plc Financial Services

Fidelity Bank Plc is a financial services institution in Nigeria offering bankin...


0 Comment(s)


See this post in...