One of Africa’s oldest fintech companies, widely known as Paga, has deepened its infrastructure strategy by partnering with TBook, a blockchain startup, to let consumers and businesses invest in tokenised real-world assets.
The partnership marks Paga’s latest move beyond its core mobile money business into wealth products and investment infrastructure, connecting Paga’s payment and compliance infrastructure with TBook’s marketplace for tokenised assets built on the Sui blockchain.
ALSO READ:Paga’s 17-Year Fintech Formula: Profit Over Growth in Africa
The collaboration gives users access to investments ranging from fixed-income products to tokenised private assets, addressing a critical gap in African financial markets where millions lack access to alternative investments.
TBook, founded in 2023 and headquartered in New York, provides the underlying technology that allows fintechs to embed tokenised investment products into their apps without building blockchain infrastructure from scratch. The model has already proven viable in other markets, with Spanish fintech Criptan offering similar yield products through infrastructure provider OpenTrade.
What makes this partnership significant is how Paga is positioning itself. The company is not just offering these products directly to its users, but using Paga Engine, its payments infrastructure business, to distribute tokenised investment products alongside existing financial services.
In 2025, Paga Engine processed approximately 12 billion dollars in transaction value across roughly 100 million transactions, processing money for everything from school fees to salaries to remittances. That scale gives the new partnership immediate reach into existing customer bases.
The fintech landscape in Africa is shifting toward infrastructure plays rather than consumer-facing applications. While many fintechs spent the last decade racing to acquire merchants and onboard users, the real economics are increasingly sitting underneath the money flow itself.
Paga Engine currently supports more than 200 businesses, including major companies like Meta and Amazon, by providing payment gateways, wallet infrastructure, transfers, and agent distribution without those companies having to build their own payments stacks.
Paga’s move comes as part of a broader blockchain strategy the company has been assembling throughout 2026. In May, Paga partnered with Sui to integrate multi-chain settlement for cross-border payments and launch high-yield dollar accounts backed by USDsui, Sui’s newly launched dollar stablecoin. That same month, founder Tayo Oviosu transitioned to Group CEO and announced the company’s push into crypto payments and asset tokenisation as a way to help Africans hedge against currency instability and access global financial markets. In June, Paga again partnered with Crossmint, a stablecoin infrastructure startup, to deploy next-generation stablecoin wallets for consumers and agents across African markets.
Through these partnerships, Paga is assembling financial infrastructure across payments, savings, and investments. The tokenised investment partnership with TBook directly addresses accessibility, allowing retail investors with as little as 100 dollars to access real estate, bonds, and solar projects that were previously out of reach.
For Paga, the strategy is clear: become the financial infrastructure layer that other businesses and consumers build on, not just the app they use. As CEO Oviosu has said repeatedly, Paga is building the rails, not just the station.
