Stanbic IBTC Holdings Plc said it has commenced operations of its wholly owned financial technology subsidiary.

 A statement said, having received all required regulatory approvals and licences to commence operations, the subsidiary would operate under the name, Stanbic IBTC Financial Services Limited. It said, “It will function primarily as a Payment Solutions Provider, focusing on developing innovative technology solutions to enhance Stanbic IBTC’s existing financial services offerings.

“The launch of Stanbic IBTC Financial Services Limited marks an important milestone for Stanbic IBTC as the company seeks to remain at the forefront of the rapidly evolving financial services industry.

“The subsidiary will leverage cutting-edge technology and expertise to provide customers with new and improved ways for businesses to manage their finances, sell online and collect payments via innovative payments and eCommerce solutions.”

Read more: https://punchng.com/stanbic-ibtc-unveils-fintech-subsidiary/

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