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Tag: Evolution

  • HabariPay Launches Maiden “HabariPay Impact Report 2025”, Showcasing Its Journey, Business Evolution, and Contributions to Digital Payments

    HabariPay Launches Maiden “HabariPay Impact Report 2025”, Showcasing Its Journey, Business Evolution, and Contributions to Digital Payments

    HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), has unveiled its maiden HabariPay Impact Report 2025, providing stakeholders with a comprehensive account of the company’s evolution, innovation journey, business performance, and impact on the digital payments landscape.

    The report captures HabariPay’s transformation from a newly established fintech venture into one of Nigeria’s leading payment infrastructure providers, highlighting the milestones, strategic decisions, and investments that have shaped its growth. It showcases the company’s contributions to enabling digital commerce, supporting businesses, strengthening payment infrastructure, and expanding financial access through technology-driven solutions.

    The HabariPay Impact Report 2025 also highlights the company’s strong financial and operational performance, the growth of the Squad platform, and the development of infrastructure that powers payment acceptance, switching, transfers, merchant services, and value-added solutions. The publication further explores the role of innovation, talent development, and ecosystem partnerships in driving the company’s success.

    Speaking on the launch of the report, the Managing Director of HabariPay, Eduofon Japhet, said: “As a technology-driven company, we believe that impact extends beyond financial performance. It is reflected in the businesses we enable, the merchants we support, the infrastructure we build, and the opportunities we create for the next generation of innovators. The HabariPay Impact Report 2025 captures this journey and demonstrates our commitment to creating sustainable value for customers, partners, and the broader economy.”

    She further added: “The HabariPay Impact Report 2025 represents more than a reflection on our achievements; it is a testament to the deliberate investments we have made in building sustainable payment infrastructure, empowering businesses, fostering innovation, and creating long-term value for our stakeholders. As we look ahead, we remain committed to expanding our capabilities, deepening our impact, and shaping the future of digital payments through technology-driven solutions that are secure, scalable, and inclusive.”

    The report also showcases HabariPay’s investments in innovation through initiatives such as the Take on Squad Hackathon and the Squad Hackademy, both of which are helping to develop future technology talent and accelerate the creation of practical solutions to real-world challenges.

    Looking ahead, the publication outlines HabariPay’s vision for the future, including continued investment in payment infrastructure, merchant solutions, digital innovation, and intelligent technologies that will shape the future of financial services.

    To access the HabariPay Impact Report 2025, please click the below:   https://squadco.com/impact-report/

  • Nigeria Ranks 1st in Africa and #6 Globally by Solana Developer Share as SuperteamNG Injects over $162,000 into the economy in Q1

    Nigeria Ranks 1st in Africa and #6 Globally by Solana Developer Share as SuperteamNG Injects over $162,000 into the economy in Q1

    Nigeria emerged as the 6th-largest hub globally by Solana developer share, while successfully funnelling over $162,000 in direct capital into the local economy during the first quarter of 2026. These landmark figures are featured in the Q1 Impact Report released today by SuperteamNG, the country’s most active Web3 ecosystem.

    The report reveals that Nigerian builders now account for a staggering 67% of all active Solana developers in Africa, cementing the nation’s status as the continent’s undisputed technology powerhouse. This talent explosion has translated into immediate economic impact, with the community securing $65,779 in ecosystem bounties and $88,500 in Solana Foundation Grants in just three months.

    Beyond talent and grants, the ecosystem is driving massive transactional scale. Local products incubated by SuperteamNG, such as Evolution, have already surpassed $4 million in Total Value Processed (TVP), while NectarFi recorded over $6 million in volume during its beta phase.

    “Nigeria is no longer just a consumer of global technology; we are now a growing factory for it,” said Harrison Obiefule, Lead, Solana SuperteamNG. “Ranking first in Africa and sixth in the world by Solana developer share, amidst a challenging local economy, proves that our ‘Internet Capital Markets’ thesis is working. We are seeing a transition where Solana is no longer just an ‘option’ for Nigerian fintechs; it has become the default infrastructure for payments, savings, and global trade. This Q1 performance is a clear signal to the world that the future of decentralised finance is being written in Lagos, Enugu, Abuja, and across 30 Nigerian states.”

    Key Impact Highlights from Q1 2026:

    • Global Talent Dominance: Nigeria now holds the #6 globally for Solana developer share, outperforming many developed tech hubs.
    • Direct Capital Inflow: Over $162,000 was injected into the local economy through grants and bounties, providing high-value earning opportunities for Nigerian youth.
    • Massive Transactional Scale: Incubated products like Evolution ($ 4M+ TVP) and NectarFi ($6M+ beta volume) demonstrate high-velocity, real-world usage.
    • Fintech Integration: 15 major local products, including Busha, Raenest, and Jeroid, partnered with SuperteamNG to launch new Solana features in Q1, enabling stablecoin settlements on Solana and SOL-backed loans.
    • Hyper-Local Expansion: SuperteamNG successfully expanded its footprint to 30 states, hosting 186 events (76 IRL and 110 Virtual) to bridge the gap between TradFi and DeFi.

    The report also underscores a robust talent pipeline, featuring a new 16-week Developer Bootcamp and specialised guilds for writers and designers, ensuring that the next generation of Nigerian “vibe coders” is equipped to compete on the global stage.