• Pretium enables payments across Africa using stablecoins and a unified digital platform.
• The company reports more than 600,000 transactions with a 99.99% success rate.
• The platform helps businesses manage cross-border payments without locking capital in multiple markets.

Derrick Bundi, a Kenyan IT specialist and technology entrepreneur, is contributing to this evolution. He co-founded and leads Pretium, a payment platform that enables transactions across Africa using digital assets known as stablecoins.

Pretium launched in 2023 with a mobile application designed to simplify daily payments. The platform allows users to send money, pay merchants, and settle various bills, including electricity, internet, and television services. Users can fund their accounts with digital assets and then use them directly for everyday spending.

At the same time, Pretium provides businesses with tools to accept payments and manage financial flows. The platform offers a unified interface that allows companies to operate across multiple African countries without complexity. Businesses and merchants can receive payments, execute transfers, and integrate these services into their operations.

Moreover, Pretium operates in several African markets and enables payments across borders without friction. It also allows companies to avoid locking funds in each country where they operate. The company states that it has processed more than 600,000 transactions with a 99.99% success rate.

Before launching Pretium, Bundi co-founded Xwift Ltd in 2020 and served as chief executive officer until 2022. The company supports transport and supply chain players in digitizing their operations.

Bundi graduated from Taita Taveta University in 2019 with a bachelor’s degree in business information technology. He started his career the same year as an IT support specialist at the Fountain Enterprise Programme.

He also worked as a web developer at Obitell in 2019, where he helped build tools that allow users to trace family origins. He later joined Deveint as a software engineer. Subsequently, he worked as a software engineer at PesaKit between 2021 and 2023, where he focused on financial technologies and proximity-based digital commerce.

This article was initially published in French by Melchior Koba

Adapted in English by Ange J.A de Berry Quenum