The fintech subsidiary of Guaranty Trust Holding Company (GTCO), HabariPay, recorded a profit after tax (PAT) of N9.7 billion in 2025.
- +GTCO’s HabariPay records N9.7bn profit in 2025, jump 155%
This was disclosed by the company in its full-year 2025 financial results, which was recently released.
This was disclosed by the company in its full-year 2025 financial results, which was recently released.
The fintech’s profit represents a 155% surge when compared with the N3.8 billion it recorded in 2024.
The N9.7 billion profit after tax is a reflection of the increase in operating income recorded by the fintech company in the period under review.
HabariPay’s profit represents 1.1% of GTCO’s profit after tax for the year, which stood at N865 billion.
GTCO’s gross earnings for the year rose to N2.215 trillion, representing a marginal increase of 0.09% YoY compared with the N2.15 trillion posted in 2024.
A review of the company’s top-line shows interest income rose to N1.6 trillion from N1.3 trillion in the previous year.
Loans and advances to customers made up the largest portion, totaling N559.3 billion of the interest income.
Investment securities contributed N489.4 billion at FVOCI and N269.2 billion at amortized cost.
GTCO launched Habari in 2018 as a super-app that provides everything from streaming content to an e-commerce marketplace. The bank, with its ecosystem of small business customers, wanted to create a marketplace hub to support vendors across different industries.
HabariPay’s flagship product, Squad, combines a payment gateway and e-commerce platform with a Point-of-Sale business. HabariPay’s Squad is now competing with the likes of Interswitch, Paystack, and Flutterwave in the payment gateway business.
