Stanbic’s Zest turns profitable with ₦543 million Q3 gain
Zest, the fintech subsidiary of Stanbic IBTC Holdings, has reported its first profitable quarter since its 2023 launch. The turnaround reflects the growing maturity of bank-backed fintech subsidiaries as they move from early losses to sustainable growth.
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Stanbic’s Zest turns profitable with ₦543 million Q3 gain
Zest, the fintech subsidiary of Stanbic IBTC Holdings, has reported its first profitable quarter since its 2023 launch. The turnaround reflects the growing maturity of bank-backed fintech subsidiaries as they move from early losses to sustainable growth.
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