Fintech HabariPay Outshines GTBank Kenya, Fund Managers as Profit Soars 151%
HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has overtaken both GTBank Kenya and GT Fund Managers
HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company (GTCO simulated ₦69.04 ▲1.02%), has overtaken both GTBank Kenya and GT Fund Managers as its profit surged 151 percent in 2025.
The payments-focused company reported a profit after tax of N9.74 billion, up from N3.88 billion in the previous year, reflecting the growing importance of digital and fee-based income within GTCO’s business mix.
In contrast, GT Bank Kenya recorded a sharp decline in profitability. Its profit after tax fell to N7.14 billion in 2025 from N12.78 billion a year earlier.
GT Fund Managers, previously GTCO’s most profitable non-banking arm, also saw earnings soften. The asset management unit posted a net income of N8.38 billion, compared with N8.73 billion in 2024.
With its 2025 performance, HabariPay has now overtaken GT Fund Managers to become GTCO’s most profitable non-banking subsidiary, underscoring the strategic shift towards fintech and digital financial services as key drivers of growth for the holding company.
