Firm Set To Lead Electronic, Mobile Payment Industry

The Chairman, eTranzact International Plc, Mr. Wole Adegunde, says the company is poised and committed to becoming a regional leader in the medium term and in the long term, a global leader in the electronic and mobile payment industry.
Abegunde,  represented by Mr. Afolabi Oladele at the 19th Annual General Meeting (AGM) of the company in Lagos, recently,  promised shareholders that the company would continue to deliver secure, cost-effective, and innovative electronic and mobile payment services that are compliant with globally recognized standards.
According to him,  2022 was a significant year in the history of the companys financial performance as the company was able to achieve an unprecedented profit after tax of N1.17 billion which represents 157.81per cent increase over the prior year.
He also noted that the focus and expansion of the companys core switching services has been pivotal in the improvement of the company’s performance.
“The landmark achievement is down to the managements drive for excellence and demonstration of the commitment of the management and the board to ensure maximum returns on the investment of shareholders”, he said.
Speaking also, the Managing Director, eTranzact, Olaniyi Toluwalope, said 2022 was one milestone and major strides in further establishing eTranzact as the Superfintech of Choice.
Toluwalope explained further that it was a privilege and honour to be the anchor and at the forefront of driving the Company towards the achievement of the corporate objectives and the overall vision.
According to him, the company will continue on the path of the impressive streak of profitability, excellence and quality service delivery, which he said were the highlights and hallmarks of 2021.
“The board, management and staff took a firm commitment to surpass the performance and achievement of 2022 and the message and goal were clear across all ranks within the Company. 
“All efforts were geared towards building on the gains of 2021 and the entire Company was in sync and I am proud to say we delivered on our common goal as a Company, for 2022”, he said.