Stanbic IBTC Holdings Launch Financial Solution Driven Platform

Zest, the Fintech subsidiary of Stanbic IBTC Holdings Plc has unveiled its solution-driven platform, positioned to serve consumers, businesses, application developers, and other financial service providers.

The launching took place in Lagos, with proxy unveil carried out in Port Harcourt, Kano and the FCT.

Speaking, chairman of Stanbic IBTC Holdings, Mr. Basil Omiyi emphasised the company’s longstanding commitment to being the preferred end-to-end financial services provider for businesses and individuals in the region.

He stated that Zest was setup to execute a solution-driven, platform orchestration strategy that will serve consumers, businesses, application developers, and other financial services providers.

Omiyi further stated that, “in the first quarter of 2023, we received the relevant regulatory approvals for Zest to operate as a fintech and a wholly owned subsidiary of Stanbic IBTC Holdings. I am particularly excited that what was once a vision has now come to fruition, achieving this milestone required consistent focus and leadership from the Board and Executive Management.”

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Also, chief executive of Stanbic IBTC Holdings, Dr. Demola Sogunle, affirmed that Zest as the group fintech subsidiary, would be the epicenter of solutions delivery, new partnerships, and better experiences in the area of payments and customized solutions delivery.

According to him, “with Zest, we see opportunities to unlock new network of partnerships, deliver better experiences in the area of payments and customised solutions delivery.

“In the past few months, our fintech platforms have gone through an early adoption phase and testing by different customer segments, we consistently improved based on feedback received from these engagements. Today, as we officially unveil Zest, we welcome everyone to adopt our platforms and be beneficiaries of the immense value.”

Chief executive of Zest, Stanley Jacob, further explained the key design principles, which bothers 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 centered design, growth powered by e-Commerce and operational excellence.

He further explained that “when you use our platforms, we want you to experience better payments, better with integrations and better with selling, aligning with the brand tagline ‘Go for Better’.”

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. This event themed Universe 1.0 marks the introduction of the brand to the public.

It is a platform orchestrator that connects consumers and businesses to payments. It enables multiple options for businesses to collect payments, sell online, access value-added services and more.