HabariPay Unveils Maiden Impact Report, Highlights Growth in Digital Payments

By Adebola Isimijola, Lagos

HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company Plc, has unveiled its maiden HabariPay Impact Report 2025, detailing its growth, innovation journey and contributions to Nigeria’s digital payments ecosystem as it positions itself among the country’s leading payment infrastructure providers.

The report provides a comprehensive account of HabariPay’s evolution from a newly established fintech venture into a major player in Nigeria’s payment infrastructure space, highlighting key milestones, strategic investments and innovations that have shaped its growth over the years.

According to the company, the publication showcases its contributions to enabling digital commerce, supporting businesses, strengthening payment infrastructure and expanding financial access through technology-driven solutions.

The report also highlights the company’s financial and operational performance, including the growth of its Squad platform and the development of infrastructure powering payment acceptance, switching, transfers, merchant services and value-added solutions.

Speaking on the launch of the report, Managing Director of HabariPay, Eduofon Japhet, said the company’s impact extends 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,” she said.

Japhet noted that the report captures the company’s journey and demonstrates its commitment to creating sustainable value for customers, partners and the broader economy.

She added that the publication reflects HabariPay’s deliberate investments in building sustainable payment infrastructure, empowering businesses, fostering innovation and creating long-term value for stakeholders.

“The HabariPay Impact Report 2025 represents more than a reflection on our achievements; it is a testament to the deliberate investments we have made in building sustainable payment infrastructure, empowering businesses, fostering innovation and creating long-term value for our stakeholders,” she stated.

According to her, the company remains committed to expanding its capabilities, deepening its impact and shaping the future of digital payments through secure, scalable and inclusive technology-driven solutions.

The report further highlights HabariPay’s investments in innovation through initiatives such as the Take on Squad Hackathon and Squad Hackademy, programmes designed to nurture technology talent and accelerate the development of practical solutions to real-world challenges.

Looking ahead, the publication outlines the company’s vision for the future, including continued investment in payment infrastructure, merchant solutions, digital innovation and intelligent technologies expected to drive the next phase of growth in financial services.

HabariPay, licensed by the Central Bank of Nigeria, provides digital payment solutions to small and medium-scale enterprises, large corporations and fintech firms through products such as SquadPOS, payment links, virtual accounts, USSD services and e-commerce storefronts.

The company said the report is aimed at providing stakeholders with greater insight into its business evolution, operational impact and long-term commitment to advancing digital payments and financial inclusion in Nigeria and beyond.