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.
- Total Equity Funding$2.13M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Aug 2022
- InvestorsTrue Capital Management
& 6 more
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.
Apps and channels of Grey
its YouTube channel Grey Inc has 26.7K subscribers and 30 videos.
Videos from Grey
The most watched videos on Grey's YouTube channel, Grey Inc (26.7K subscribers). Click a video to play it here.
More on Grey Inc.
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.
- Total Funding $2.13M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $125,000
(Jan 2022)
- Investors Count 7
All 2 funding rounds of Grey with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $2M | Seed | – | Soma Capital, Heirloom | |
| Jan 2022 | $125,000 | Seed | – | Y Combinator | – |
7 investors in total: 4 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Early-stage investments are provided by Soma Capital to startups. | – | somacap.com | San Francisco, United States | |
Investment portfolios are elevated through niche alternative solutions. | – | heirloominvesting.com | Wilmington, United States | |
Wealth management services are offered to multiple affluent families. | 2006 | truecapitalmgmt.com | San Francisco, United States | |
AR Alan Rutledge | - | – | unknown_ff3708f17a914490a | - |
SR Samvit Ramadurgam | - | – | unknown_f5d97d2712404d35a | - |
KR Karthik Ramakrishnan | Angel investor, ex-Microsoft, focused on tech startups in India | – | unknown_a666b28569c149c1a | - |
Investor details for Grey
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Grey
14 people are tracked at Grey (6 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Joseph Femi Aghedo | Co-Founder & COO | Leadership |
Idorenyin Obong | Co-Founder & CEO | Leadership |
Sarah Achebe AAT, ACA | Head Of Finance | Leadership |
Idorenyin O. | CEO | Leadership |
Iheakachi N. | Head, Global Marketing And Growth | Leadership |
Taiwo Oduwole | Head of Employee Experience | Leadership |
Ama Udofa | Content Marketing Lead | Team |
Wisdom Ifunanya U. | Product Manager | Team |
Emmanuel Ben-Paul | Product & Design Lead | Team |
Stephen Akadiri | SEO Product Manager | Team |
Ataisi Gogo-Charles | Lead, Legal | Team |
Akindele Kunle | Brand/Product Videographer | Team |
baraka mafole | Content Marketer | Team |
Franklin Odira Nweke | Brand Designer | Team |
Complete people profiles for Grey
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Grey
3 dated milestones of Grey across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Grey is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $2.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| worldremit.com | 2010 | London, United Kingdom | $623.96M | 263 | Banking channel for cross border money transfers | |
| chippercash.com | 2018 | San Francisco, United States | $302.2M | – | Cross-border remittances are enabled for individuals through a mobile wallet. | |
| paysend.com | 2015 | Valletta, Malta | $226.9M | – | Cross-border money transfers are enabled via digital wallet. | |
| sendwave.com | 2011 | Boston, United States | $13.8M | 339 | Cross-border money transfers are facilitated through a mobile wallet service. | |
| taptapsend.com | 2018 | London, United Kingdom | $78.36M | – | Cross-border money transfers are enabled by an app-based digital wallet. | |
| skrill.com | 2001 | London, United Kingdom | – | 102 | Online payments and digital wallet services are facilitated internationally. | |
| afriexapp.com | 2019 | San Francisco, United States | $11.35M | – | Cross-border money transfers are enabled via an app-based digital wallet. |
Detailed competitors of Grey
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Grey
The website of Grey (grey.co) receives about 526K visits a month and ranks #71,882 among all websites worldwide, #612 in Graphics Multimedia and Web Design.
- Monthly visits526K
▲ 2.7% vs previous month
- Unique visitors188K
per month
- Global rank#71,882
among all websites
- Category rank#612
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate39%
- Pages per visit6.0
- Average visit1 min 53 sec
- DevicesDesktop 27% · Mobile 73%
Websites whose visitors overlap most with Grey. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| canva.com | 100% | 876.1M | #35 | View details | |
| rivermate.com | 94% | – | #326,557 | View details | |
| akqa.com | 94% | 153.5K | #298,019 | View details | |
| growsurf.com | 94% | 680.7K | #568,434 | View details | |
freelancer.co.ke | freelancer.co.ke | 94% | – | #1,191,148 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for Grey
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 35 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Grey
Complete news archive for Grey
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Grey
10 companies that operate in the same segment as Grey (Forex Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border remittances are enabled for individuals and businesses via apps. | 2011 | London, United Kingdom | USD 1.03 B | USD 2.71 B | – | |
Cross-border payments are processed for businesses via tools and APIs. | 2015 | Singapore, Singapore | USD 1.9 B | – | 1 | |
Cross-border payroll solutions are provided for global migrant workers. | 2021 | Berlin, Berlin, Germany | USD 38.93 M | – | – | |
Online platform for trading in forex, options, and CFDs | 1992 | Copenhagen, Denmark | USD 548.49 M | – | 1 | |
International payments are enabled online for consumers and businesses. | 2016 | Sao Paulo, Brazil | USD 21.53 M | – | – | |
Online foreign exchange and remittance services are facilitated in India. | 2011 | Gurugram, Haryana, India | USD 5.59 M | USD 1.17 M | 146 | |
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | – | |
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | – | – | |
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online. | 2008 | London, England, United Kingdom | – | USD 809.63 M | 633 | |
NFC-enabled travel cards and wallets are provided for travelers. | 2018 | Singapore, Singapore | USD 105.5 M | – | – |
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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. The company's 1st funding round was a Seed of $125K, raised on Jan 2022.
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.
Grey operates through Grey Finance Inc..
The website of Grey receives about 526 thousand visits a month and ranks #71,882 among all websites worldwide.