About Grey
Grey is a company based in Middletown (United States) founded in 2020 by Joseph Femi Aghedo and Idorenyin Obong. It operates as a FinTech and Subscription Services. Grey has raised $2.13 million across 2 funding rounds from investors including True Capital Management, Y Combinator and Soma Capital. Grey offers products and services including Foreign Accounts, Currency Exchange, Virtual Cards, and Money Transfer. Grey operates in a competitive market with competitors including MoneyGram, Wave Systems, WorldRemit, Chipper Cash and PaySend, among others.
- Headquarter Middletown, United States
- Founders Joseph Femi Aghedo, Idorenyin Obong
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Grey Finance Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.13 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Aug 29, 2022
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Investors
True Capital Management
& 6 more
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Employee Count
Not available
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Products & Services of Grey
Grey offers a comprehensive portfolio of products and services, including Foreign Accounts, Currency Exchange, Virtual Cards, and Money Transfer.
Global banking access is provided through foreign accounts.
Real-time currency conversion is offered at competitive rates.
Secure digital payments are enabled with virtual cards.
Global fund transfers are facilitated for various needs.
People of Grey
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Funding Insights of Grey
Grey has successfully raised a total of $2.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Grey
Grey has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include True Capital Management, Y Combinator and Soma Capital.
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Early-stage startups are accelerated via funding and educational programs.
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Early-stage investments are provided by Soma Capital to startups.
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Investment portfolios are elevated through niche alternative solutions.
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Investor details for Grey
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Investments & Acquisitions by Grey
Investment portfolio details for Grey
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Financial Statements - Grey
Detailed financials for Grey
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Grey Comparisons
Peer comparison for Grey
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Grey
Grey operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Wave Systems, WorldRemit, Chipper Cash and PaySend, among others.
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Cross-border payments are enabled via wallet solutions for consumers.
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Cross-border money transfers are enabled via an app-based wallet.
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Banking channel for cross border money transfers
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Cross-border remittances are enabled for individuals through a mobile wallet.
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Cross-border money transfers are enabled via digital wallet.
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Cross-border money transfers are facilitated through a mobile wallet service.
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Detailed competitors of Grey
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Latest news on Grey
Complete news archive for Grey
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Frequently Asked Questions about Grey
Grey was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Grey is headquartered in Middletown, United States.
Idorenyin Obong is the current CEO of Grey. They have also founded this company.
Grey is a funded company, having raised a total of $2.13M across 2 funding rounds to date.
Inclusive banking solutions are offered by Grey for individuals and businesses worldwide. Services including foreign accounts, currency exchange, virtual cards, and money transfers are provided to facilitate global financial transactions. Target sectors include freelancers, digital nomads, and travelers, with a focus on accessibility and convenience. Social impact programs are also supported to contribute to community development.
Grey's top competitors include Chipper Cash, Taptap Send and WorldRemit.
Grey offers Foreign Accounts, Currency Exchange, Virtual Cards, and Money Transfer.
Grey has 7 investors. Key investors include True Capital Management, Y Combinator, Soma Capital, Heirloom Investing, and Alan Rutledge.