HABARIPAY PROFIT JUMPS 94% TO ₦7.8BN AS GTCO’S FINTECH BUSINESS EXPANDS
Reloaded News Desk
HabariPay, the payments and fintech subsidiary of Guaranty Trust Holding Company, recorded ₦7.8 billion profit in the first half of 2026, representing a 94 per cent increase compared with the corresponding period.
The result comes as GTCO continues expanding its fintech, payments and digital infrastructure businesses.
HabariPay has been moving beyond consumer-facing digital services into areas of payment infrastructure, including payment gateway and switching capabilities.
The performance reflects the continuing expansion of Nigeria’s digital financial-services market, where payment platforms, fintech companies and traditional banks are increasingly competing across overlapping technology and financial infrastructure.
The growth also comes against the backdrop of wider expansion in smartphone use and digital financial applications in Nigeria.
The convergence between banking, payments and technology is consequently becoming a major feature of Nigeria’s financial sector.
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