Kenyan banks have finally formed Voltron to try and take on Safaricom's Mpesa


Basically, the enemy of my enemy is my friend.

So Pesalink is going to try to compete against Safaricom’s 85 percent P2P marketshare with reduced transfer fees. Okay.

Must be nice. The only problem is that these are banks we’re talking about. Remember what they say about two turkeys not making an eagle?