Paga, one of Africa’s oldest fintechs, has partnered with Sui, the blockchain network built by US-based Mysten Labs, as it pushes into crypto payments, stablecoin yields, and asset tokenisation.
The partnership was announced at the Sui Live event in Miami, the United States, on Thursday. It marks Paga’s first formal move into crypto since Tayo Oviosu transitioned to Group Chief Executive Officer (CEO) in April.
Oviosu said the partnership will help Paga build financial rails that help Africans hedge against currency instability that erodes wealth, unlock opportunity in global commerce, fix cross-border payments, and expand access to alternative financial products.
Become a TC Insider for free to finish this story.
Sign in to read the full story and stay ahead of Africa's tech ecosystem.
