Africa: Google and Facebook Want Your Bank Account. What Could Possibly Go Wrong?

[Daily Maverick] Up till now, in most countries in the world, fintech was the domain of plucky start-ups and, here and there, a telecoms company. No longer. Big tech is coming. Facebook, Google, Apple, Amazon, you name it, have decided to enter this space in one way or another with all the subtlety of an overgrown elephant. Should banks worry and consumers celebrate -- or the other way around. Why are they doing it and will they succeed?