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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Over the past decade, Kenyan commercial banks bet on mobile network operators to effect mobile money transfer and digital payments - usurping sizable market share in the financial sector.
After years of negotiations and false starts, the Kenya Bankers Association in 2016 launched Pesalink through a subsidiary Integrated Payments Services Ltd (IPSL).
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