Paga, a Nigerian mobile payment company, has announced a strategic partnership with Crossmint aimed at accelerating stablecoin adoption across Africa and strengthening the continent’s connection to the global financial ecosystem.
As part of the collaboration, Crossmint will integrate Paga Engine’s local fiat on-ramp and off-ramp capabilities into its global enterprise payout network across Africa.
Simultaneously, Paga will leverage Crossmint’s infrastructure to deploy next-generation stablecoin wallets designed for both consumers and agents.
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Commenting on the partnership, Paga Founder and CEO Tayo Oviosu wrote via a post on LinkedIn,
“Crossmint integrates Paga Engine’s local fiat on- and off-ramps to extend its global enterprise payout network into Africa. In parallel, we’re building on Crossmint’s infrastructure to deploy next-generation stablecoin wallets for consumers and agents bank-grade security, programmable controls, and an experience so seamless the blockchain is invisible to the user.
“Paga has always been about building the rails for the future of money, and that future is multi-blockchain and multi-stablecoins. In 2025 we processed over $11 billion across 169 million transactions; Crossmint natively supports 50+ blockchains. Together we’re connecting the African economy to global finance — eliminating the tax of friction and giving African consumers and businesses the financial mobility they deserve.”
Also speaking on the deal, Rodri Fernández Touza, Co-founder, Crossmint said,
“I once lived in Surulere, in the heart of Lagos, so this partnership means a lot to me. The people I knew there worked hard for their money, yet moving it across borders was slow and expensive. Crossmint builds the stablecoin and wallet infrastructure behind Paga’s digital dollars, cards, and U.S. accounts, putting instant global payments into the hands of millions of Nigerians.”
The partnership delivers value across the ecosystem:
Multinationals and enterprises using Crossmint: instant access to Paga’s fiat on- and off-ramp network across Africa, enabling local payment acceptance and global settlement in the stablecoin of their choice.
African builders and developers: a unified, chain-agnostic API suite to deploy compliant, stablecoin-native financial products at scale—without managing blockchain complexity.
For everyday users: a simple, secure experience that puts them in full control of their digital assets.
Crossmint is an All-in-one platform for companies and agents to integrate stablecoin rails, including wallets, onramps, stablecoin orchestration & more.
The platform is widely used for stablecoin payments, NFT-related infrastructure, and embedded wallet solutions, helping companies onboard users into Web3 systems with less friction.
By handling the complex backend components of blockchain interactions, it allows enterprises to focus more on user experience and product development rather than technical blockchain integration
The company is trusted by 40,000+ enterprises and developers some of which include MoneyGram, Western Union, Marshall Islands, TALA, and Fomo.
On the other hand, founded in 2009, Paga Group is Africa’s leading payments infrastructure company. Paga Engine is powering more than 300 businesses, including Meta, LemFi, Qatar Airways, and Verto. In 2025, Paga Group processed 169 million transactions worth over ?17 trillion (US$11 billion).
Through its infrastructure layer, often referred to as Paga Engine, the company also powers payment solutions for other businesses, enabling them to embed payments, manage collections, and process payouts at scale.
Paga’s partnership with Crossmint, reflects its continued commitment to building the infrastructure that will power the future of money.
By combining their respective strengths, both companies aim to expand financial access, reduce friction in cross-border transactions, and enhance financial mobility for individuals and businesses across Africa.