In addition to M-Pesa, Airtel Money, Orange Money and Yu Cash, Barclays Bank of Kenya (BBK) will at the end of this month launch a new mobile banking platform.

As posted in the Business Daily, the new platform seeks to compete with money transfer services operated by mobile phone companies by integrating banking and money transfer services.

Without offering many details about the product, BBK Managing director Adan Mohamed said, “We are looking to launch it in a big way by the end of this month.”

Pesatalk will be following the story to keep you up to date with the Kenya.