HabariPay, the fintech arm of Guaranty Trust Holding Company (GTCO), has recorded the highest profit value among Nigerian bank-owned payment companies in the first half of 2025, overtaking Access Holdings’ fintech subsidiary, Hydrogen.
According to the banking group’s latest financial statements published on the Nigerian Exchange Limited (NGX), GTCO’s HabariPay posted a profit growth of 84 percent, rising to N4.02 billion from N2.18 billion. Hydrogen’s after-tax profit surged by 305 per cent to N966 million in H1 2025, up from N238 million in the same period of 2024.
Stanbic IBTC’s Zest Payments, however, widened its loss to N954 million in H1, compared to N318 million a year earlier.