Pretium Finance is a fintech platform that enables users in Africa to make everyday payments and settle bills using stablecoins.
Pretium Finance offers a mobile application that allows users to pay for groceries, fuel, dining, and utilities like electricity, TV subscriptions, mobile data, and airtime using stablecoins. The platform aims to simplify merchant payments and bill settlements across Africa, providing a seamless experience comparable to using local currencies. Users can also withdraw funds directly to their bank accounts or mobile money accounts, ensuring quick and easy access to their money.
Pretium Finance provides a secure and efficient way for users to utilize stablecoins for daily transactions. By offering competitive exchange rates and low fees, it makes digital currency practical for everyday use.
Pretium Finance updated its app to include additional utility services, enhancing its functionality for users across Africa.
The platform was recognized for its innovation and awarded a grant by Prezenti in collaboration with Celo Camp, highlighting its contributions to financial inclusion in the region.