News and Insights

FlashPay, the group's flagship fintech subsidiary, has completed the full build of its mobile application. The platform includes a partner wallet powered by Monnify's CBN-licensed infrastructure, giving every user a dedicated Nigerian bank account on registration. Additional features include instant money transfers, airtime and data purchases, electricity and television subscriptions, a goal-based savings system, a loyalty rewards program called FlashPoints, KYC verification with tiered transaction limits, biometric authentication, and an intelligent risk detection system. Public launch is targeted for Q4 2026 following CAC registration and regulatory sign-off on the compliance architecture.

ESSENCE BUSINESS PLATFORM LIMITED has formally established ADDY as a retail brand within its portfolio. ADDY is designed to serve everyday consumer needs across Nigeria with a focus on quality, accessibility, and genuine relevance to the Nigerian market. The brand is currently in active development, with market entry planned following the successful launch of FlashPay and the formal establishment of the group's operational infrastructure.

ESSENCE BUSINESS PLATFORM LIMITED has launched its official corporate website at ebusinessplatform.com.ng. The website provides a central home for information about the group, its subsidiaries, its values, and its long-term vision. As the group grows, each subsidiary will maintain its own dedicated web presence while linking back to the parent group through the corporate site.