Squad, a payment platform launched by HabariPay, the fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), made some eye-popping announcements in its report for the first quarter of 2023 without spending top dollars on advertisement.
The bank-backed startup launched in June 2022 recorded N1.15 trillion in gateway and switching segments in less than one year of launch. The company’s report also shows that it became a profitable business within one month of launch and has hit N200 billion in monthly transactions by January 2023.
