Business

Stanbic IBTC Holdings unveils fintech subsidiary, Zest

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2 years ago

Demola Sogunle, MDCEO, Stanbic IBTC Bank

Zest, the fintech subsidiary of Stanbic IBTC Holdings Plc, unveiled its brand and key platforms at a launch on Thursday at the Eko Convention Centre in Lagos and in Port Harcourt, Kano and the Federal Capital Territory (FCT), simultaneously.

Zest, formerly Stanbic IBTC Financial Services, started commercial operations in May 2023, functioning primarily as a payment service provider, having received all the relevant regulatory approvals to commence operations.

At the event with the theme, ‘Universe 1.0,’ the Chief Executive of Zest, Mr Stanley Jacob, noted that Zest is poised to meet the need of businesses that are constantly looking for tools to grow and expand, especially in its access to digital solutions and platforms that help them reach a new network of customers.

Jacob explained that the key design principles of the brand bothered on the delivery of a multi-railed platform strategy that enables businesses to collect payments in any form that the customer wants to pay, human centred design, growth powered by e-commerce and operational excellence.

“When you use our platforms, we want you to experience better – better with payments, better with integrations and better with selling, aligning with the brand tagline “Go for Better,” he said.

In his address at the unveiling, the Chairman of Stanbic IBTC Holdings Plc, Mr Basil Omiyi, while acknowledging the role of fintech as platform enabler to deliver on the next wave of growth, noted that Zest was set up to execute a solution-driven, platform orchestration strategy that will serve consumers, businesses, application developers and other financial services providers.

On his part, the Chief Executive Officer of Stanbic IBTC Holdings Plc, Mr Demola Sogunle, affirmed that Zest, as the group fintech subsidiary, would be the epicentre of solutions delivery, new partnerships and better experiences in the area of payments and customised solutions delivery.

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