PayKii provides a cross-border bill payment platform for money transfer companies and financial institutions. The Paykii platform provides the infrastructure which empowers individuals living abroad to pay bills for their loved ones back home, covering many essential sectors including healthcare, education, insurance, and utilities.
By integrating with large utility companies and other bill receiving institutions, the PayKii platform not only allows foreign workers to better manage their households, it also drives down the cost of remittance by lowering the transaction fees.
How We Helped
We made an equity investment into PayKii following their participation in the Village Capital FinTech 2017 cohort. Our investment comes alongside other investors and will help the company reduce client integration time, shorten their sales cycle, and implement more robust hiring and back-end IT processes.