Announced at Sui Live, Faena Forum, Miami Beach
LAGOS, NIGERIA / MIAMI, FLORIDA — May 7, 2026 — Paga Group, Africa’s leading payments infrastructure company, today announced a landmark partnership with Sui, the high-performance blockchain designed to move money as freely as messages, to integrate Sui Dollar (USDsui), Sui’s
native stablecoin, and adopt Sui as the primary blockchain across Paga’s ecosystem.
Tayo Oviosu, Founder and Group CEO of Paga Group, shared the news live onstage at Sui Live in Miami Beach on May 7, 2026. The event took place during the week of Consensus Miami, the world’s leading blockchain and digital finance conference.
Paga Group, which processed over $11 billion in payments and facilitated 169 million transactions in 2025 across its three business lines: Paga Engine (B2B infrastructure), Paga (consumer payments app), and Doroki (retail merchant platform), will integrate Sui Dollar to offer stablecoin-native payment rails to its 300+ enterprise clients and millions of consumer users across the continent.
Sui Dollar (USDsui) is the native stablecoin of the Sui blockchain, and was launched in March 2026. It maintains a 1:1 peg to the US dollar and is backed by US Treasury-grade liquid assets.
“We have chosen Sui because it is built from the ground up for the scalability, throughput, programmability, and privacy requirements needed for the future of money movement by both humans and agents”, said Tayo Oviosu, Founder and Group CEO, Paga Group, at Sui Live. “It also really helped that both our companies have a strong alignment of vision to deliver financial freedom to Africans. Through this partnership, Paga and Sui are working towards a day when Africans have the freedom to work globally, invest globally, bring their creativity to life for the world, live the lives they want, and thrive.”
“Sui is built to make money move as freely as messages and is committed to empowering high- growth, developer-rich regions by providing high-performance blockchain technology”, said Adeniyi Abiodun, Co-founder and CPO of Mysten Labs, the original contributor to Sui. “Paga has spent seventeen years earning Africa’s trust at $11 billion in annual volume, and together, we are deploying the payment infrastructure this continent has been building toward. Africa has a vibrant developer ecosystem, entrepreneurial drive, and increased interest in blockchain technology. This
partnership is ready to meet that demand”.
Paga and Sui are building the infrastructure to fix key structural issues that affect Africa’s financial system, including wealth erosion, broken cross-border payment rails, exclusion from global commerce, and limits to financial mobility. Paga will integrate Sui Dollar (USDsui) across its enterprise API suite as well as the Paga consumer app.
This gives Paga’s entire customer base access to a stable, dollar-denominated payment layer that moves money without conversion loss,
and without correspondent banking intermediaries. Paga is making an architectural commitment in the adoption of Sui as the primary blockchain for its platform, and this positions Paga as a primary deployment network for the Sui ecosystem in Africa. As part of the collaboration, Paga will also offer yield-earning products backed by real-world assets, with Sui serving as the on-chain settlement layer, giving African consumers and businesses access to dollar-denominated investments globally.
Paga and Sui will co-create developer tooling and documentation to support fintech builders to leverage the combined Paga Engine and Sui infrastructure. Commercially, a joint go-to-market program will drive enterprise adoption across Africa.
About Paga Group
Founded in 2009, Paga Group is one of Africa’s pioneering fintech companies. The group operates a three-part platform: Paga Engine, a payments infrastructure used by over 300+ businesses, including Meta, LemFi, Qatar Airways, Verto; Paga, its consumer digital wallet; and Doroki, a retail and SME management platform. In 2025, Paga Group processed 169 million transactions worth over ₦17 trillion (US$11 billion).
For more information, visit www.paga.com
About Sui
Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments.
Learn more at sui.io
Media Contact
Chinwendu Ohakpougwu
Communications Manager
media@paga.com
Sui Foundation
media@sui.io
