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 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.
