A fintech subsidiary of Stanbic IBTC Holdings, focusing on providing integrated financial services.
HabariPay’s cost efficiency powers GTBank’s ₦6.54bn fintech profit
HabariPay reported a profit of ₦6.54 billion, accounting for 82% of total earnings among bank-backed fintechs. Hydrogen's profit decreased by 42.63% year-on-year, posting ₦833 million in profit.
Stanbic’s Zest turns profitable with ₦543 million Q3 gain
Zest reported a profit after tax of ₦543 million in Q3 2025, its first profitable quarter since launch. The fintech's loss after tax in Q3 2024 was ₦1.89 billion, showcasing a significant turnaround.
Stanbic IBTC names Chukwuma Nwokocha as Group CEO
Chukwuma Nwokocha appointed as Group Chief Executive of Stanbic IBTC Holdings Plc effective October 2, 2025. Dr. Adekunle Adedeji ends his interim tenure and continues as Executive Director/Chief Finance and Value Management Officer.
Stanbic’s fintech arm grows income 14-fold, but remains unprofitable
Zest's income grew fourteenfold to ₦874 million in H1 2025 from ₦61 million in the previous year. The company's loss after tax fell to ₦389 million, down 58.84% from ₦945 million in H1 2024.
VFD Group invests ₦5 billion in fintech arm, V Bank
VFD Group Plc injected ₦5 billion into VFD Microfinance Bank to accelerate technological advancement. V Bank has established a strong presence in Nigeria's financial sector since its launch in March 2020.
