MoMo's problem is MTN penchant for ITK. MTN had a grip on this business way before anyone in partnership with Diamond. Bank. Remember Diamond Y'ello? But they figured it must work the same way it was working elsewhere, killed the product and MoMoed away.
You'll have to start paying for using my lines
We'll be thinking about it ๐๐๐
The fintech space seems tough in Nigeria and the players are dominant.
Thereโs a lot of smart people within MTN, Iโll give it time and see how they make this work in Nigeria
MoMo's problem is MTN penchant for ITK. MTN had a grip on this business way before anyone in partnership with Diamond. Bank. Remember Diamond Y'ello? But they figured it must work the same way it was working elsewhere, killed the product and MoMoed away.
Now I feel like I should have titled this newsletter MoMoed away ๐ญ๐ญ๐ญ