Nairobi, April 22 -- Payments platform Paykit has entered Kenya's growing digital finance market with a unified payments platform that allows individuals and businesses to collect payments, manage funds and make disbursements through a single interface.

The digital wallet enables users to send money to peers, pay bills, purchase airtime, and transfer funds to mobile money accounts and bank accounts. It also offers merchant services like paybill collections, bulk payouts and automated settlement into bank accounts.

Beatrice Okeyo, the chief executive of Paykit, said the firm is targeting small and medium-sized enterprises (SMEs), corporates, saccos, financial institutions, developers and individual consumers.

"We seek to merge collectio...