HabariPay Unveils Maiden Impact Report, Highlights Growth and Contributions to Nigeria’s Digital Payments Ecosystem
HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), has launched its first-ever Impact Report, detailing the company's growth journey, business evolution, operational achievements, and contributions to Nigeria's rapidly expanding digital payments sector.
LAGOS, Nigeria – HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), has unveiled its maiden HabariPay Impact Report 2025, providing stakeholders with a comprehensive overview of the company's growth, innovation journey, business performance, and impact on Nigeria's digital payments landscape.
The report chronicles HabariPay's transformation from a newly established fintech venture into one of the country's leading payment infrastructure providers. It highlights key milestones, strategic investments, and business decisions that have driven the company's expansion and strengthened its position within the financial technology ecosystem.
According to the report, HabariPay has played a significant role in advancing digital commerce by enabling seamless payment acceptance, supporting merchants and businesses, enhancing payment infrastructure, and expanding financial access through technology-driven solutions.
The publication also showcases the company's financial and operational achievements, particularly the growth of its flagship payment platform, Squad. It highlights the development of infrastructure supporting payment acceptance, switching services, transfers, merchant solutions, and other value-added services designed to improve transaction efficiency and customer experience.
Speaking on the launch of the report, Managing Director of HabariPay, Eduofon Japhet, said the company views impact as extending beyond financial performance.
"As a technology-driven company, we believe that impact extends beyond financial performance. It is reflected in the businesses we enable, the merchants we support, the infrastructure we build, and the opportunities we create for the next generation of innovators. The HabariPay Impact Report 2025 captures this journey and demonstrates our commitment to creating sustainable value for customers, partners, and the broader economy," she said.
Japhet further noted that the report underscores HabariPay's long-term commitment to building sustainable payment infrastructure, empowering businesses, fostering innovation, and creating value for stakeholders.
She added that the company remains focused on expanding its capabilities and deepening its impact through secure, scalable, and inclusive technology solutions that will shape the future of digital payments.
The report also highlights HabariPay's investments in talent development and innovation through initiatives such as the Take on Squad Hackathon and the Squad Hackademy. These programmes are aimed at nurturing future technology professionals and accelerating the development of practical solutions to real-world challenges.
HabariPay is licensed by the Central Bank of Nigeria and provides a range of fintech solutions designed to support small and medium-sized enterprises, micro-merchants, large corporations, and other technology-focused businesses. Its offerings include Squad, a comprehensive digital payments platform that facilitates both in-person and online transactions, as well as e-commerce and switching solutions.
The company has received industry recognition for its innovations, including Mastercard's Innovative Mobile Payment Solution Award at the Technology Innovation Awards (TIA) 2022 for its SquadPOS solution.
Stakeholders and members of the public can access the HabariPay Impact Report 2025 through the company's official platform.
No comments