TN CyberTech Investments Holdings Limited has reported a profitable performance for the ten months ended 31 December 2025, underlining its transition from a mobile money–focused business into a technology-driven financial services group anchored on digital innovation and banking integration.

The company, formerly known as EcoCash Holdings Zimbabwe Limited, completed a strategic repositioning during the reporting period, including a corporate name change and the rebranding of its banking subsidiary, signalling a deliberate shift toward fintech-led financial services.

Group Chairman Reverend Titus Murefu said the results reflected the successful execution of the organisation’s new strategic direction.

“The group delivered a profitable performance and successfully completed its rebranding, aligning our identity with a technology-driven future,” Murefu said.

The financial statements cover a shortened ten-month period following a change in the financial year-end, as well as the adoption of the United States dollar as the Group’s functional currency from 1 March 2025. Management noted that these changes limit direct comparability with prior financial periods.

Despite operating in a complex economic environment, the Group recorded strong balance sheet growth, with total assets rising 45 percent to ZWG6.8 billion, while customer deposits surged 66 percent to ZWG4.6 billion.

Group profit after tax stood at ZWG125.6 million, supported largely by the banking subsidiary, which posted an adjusted profit after tax of ZWG190 million after excluding a once-off technical fair value loss linked to investment property valuations.

The group maintained a solid capital position, reporting a capital adequacy ratio of 34 percent, well above regulatory minimum thresholds.

Group Chief Executive Officer Tawanda Nyambirai said growth going forward will be driven by what management describes as a “Hyperintegration strategy.”

“The Hyperintegration strategy focuses on leveraging partnerships with fintechs, mobile money operators and payment aggregators to expand our customer base, unlock new revenue streams and enhance shareholder value,” Nyambirai said.

During the period, TN CyberTech introduced property tokenisation for residential properties — a first in Zimbabwe — enabling fractional ownership and widening access to property investment opportunities.

The group also deepened financial inclusion efforts, disbursing more than 612,000 nano loans while expanding its agent banking footprint across the country. 

On the digital front, the banking unit enhanced its CyberCash mobile platform through new API integrations and rolled out smart ATMs capable of cardless withdrawals, aimed at improving customer convenience and operational efficiency.

Management noted that Zimbabwe’s banking sector remained relatively stable, with increasing usage of the Zimbabwe Gold currency for transactions and intensifying competition driven by fintech innovation and transaction-based revenue models.

In response to the evolving operating environment, TN CyberTech adopted the US dollar as its functional currency to better reflect underlying economic conditions, although financial statements continue to be presented in ZWG in line with regulatory requirements.

Looking ahead, the Group plans to expand digital infrastructure through the deployment of interactive terminal machines and digitally powered kiosks, while pursuing partnerships with remittance providers to enhance cross-border payment services.

However, auditors highlighted expected credit losses and revenue completeness as key audit matters requiring significant management judgement. The company also acknowledged exposure to credit, liquidity, market and operational risks typical within the banking sector.

No dividend was declared for the reporting period, with the Board opting to preserve capital to support expansion initiatives.

Management said retaining earnings would allow the Group to fund growth opportunities and strengthen long-term shareholder value as it accelerates its transformation into a fully integrated digital financial services platform.