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eTranzact, NFIU partner to bridge fintech compliance gaps

eTranzact Plc has reaffirmed its commitment to regulatory compliance by partnering with the Nigerian Financial Intelligence Unit. In a statement on Tuesday, this is collaboration aims to address key compliance challenges in Nigeria’s fintech sector, with a focus on improving Know Your Customer practices, ensuring transparency in Ultimate Beneficial Ownership, and enhancing the reporting of […]

Business

ETranzact reports N5bn pre-tax profit for FY 2024

ETranzact International Plc reported a pre-tax profit of ₦5 billion for the year ended December 31, 2024, representing a 53.2% year-on-year increase from the ₦3.1 billion recorded in 2023. This significant growth underscores the company’s rising profitability and effective strategic expansion efforts in Nigeria’s fintech sector. ETranzact’s audited 2024 results, released on the Nigerian Exchange […]

News

eTranzact launch digital verification for military pensioners

eTranzact, a renowned financial startup, has partnered with the Military Pensions Board to establish a digital verification system for military retirees, according to The PUNCH. According to the firm’s statement, the Federal Government-approved technology intends to improve the welfare of military retirees by expediting pension verification processes. The digital solution, unveiled on July 1, 2024, […]

eTranzact’s revenue rises by 88% in Q3 2023
Business

eTranzact’s revenue rises by 88% in Q3 2023

eTranzact International Plc recorded revenue of N8.3 billion in Q3 2023, an increase of 88.2% year on year from the same quarter in 2022. The Times reported that the company’s Q3 2023 revenue contributed to the nine months’ revenue of N25.7 billion, indicating a year-over-year appreciation of 60.2% from the corresponding period in 2022, according to the financial […]

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