Fundraising Fox
Grey
YC W22San Francisco, US · Founded 2020 · Delaware corporation · 15 employees · 8 known investors
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Grey enables remote workers and freelancers to open foreign bank accounts and receive international payments in their local currency. The platform focuses on serving digital nomads and creators in developing economies with simplified cross-border payment solutions.
Also known as Aboki Africa, Inc. · Aboki Africa · Aboki Africa, Grey, Grey (formerly Aboki Africa) · Grey (formerly Aboki Africa)
Founders & leadership· Y Combinator alumni (W22)
Grey was founded in 2020 by Idorenyin Obong.
IO
WC
William ClarkExecutive
ZC
Ziga CerkovnikExecutive
AM
Adriano MungioliExecutive
HC
Haydn CollardExecutive
MR
Michael RuddockExecutive
FA
Femi AghedoFounder
JF
Joseph Femi AghedoFounder
IO
Idee ObongCEO
Investors · 8
Ingressive Capitallisted by Ingressive CapitalLagos · $500K
How we know: Ingressive Capital's portfolio page · Y Combinator's founder network · open dataset · 5k.vc investor directory · Not right? Tell us
Soma Capitallisted by Soma CapitalSacramento · $100K – $300K
How we know: techcrunch.com · somacap.com · Y Combinator's founder network · Not right? Tell us
Y Combinatorlisted by Y CombinatorSan Francisco · $500K
How we know: the Y Combinator directory · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us
Cresset CapitalreportedAtlanta
How we know: Y Combinator's founder network · Not right? Tell us
HeirloomreportedBrookhaven
How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us
Niche CapitalreportedLondon
How we know: Y Combinator's founder network · Not right? Tell us
Vastly Valuable VenturesreportedSeattle
How we know: Y Combinator's founder network · Not right? Tell us
Also in the syndicate · 1
True Culture Fund
Funding
SEC filings, press & company announcements$3.2M disclosed across 7 of 9 rounds · 2018–2022
- Undisclosed amountseed roundSep 2022Source ↗
- Undisclosed amountseed fundingAug 2022
Heirloom Fund, Soma Capital, True Culture Fund, Y Combinator
Source ↗
▶$1.7MraisedOct 2019 · 13 investors · Other Banking and Financial ServicesRule 506(b)
▶$1.7MraisedOct 2019 · 13 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Michael RuddockExecutive Officer, Director
- Adriano MungioliExecutive Officer, Director
- Ziga CerkovnikExecutive Officer, Director
- Haydn CollardExecutive Officer, Director
- Offering amount
- $1.7M
- Amount sold
- $1.7M
- First sale
- Sep 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$50KraisedMay 2019 · 1 investors · Other Banking and Financial ServicesRule 506(b)
▶$50KraisedMay 2019 · 1 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Adriano MungioliExecutive Officer, Director
- Haydn CollardExecutive Officer, Director
- William ClarkExecutive Officer, Director
- Ziga CerkovnikExecutive Officer, Director
- Michael RuddockExecutive Officer, Director
- Offering amount
- $50K
- Amount sold
- $50K
- First sale
- Mar 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$150KraisedMay 2019 · 1 investors · Other Banking and Financial ServicesRule 506(b)
▶$150KraisedMay 2019 · 1 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Ziga CerkovnikExecutive Officer, Director
- Adriano MungioliExecutive Officer, Director
- Haydn CollardExecutive Officer, Director
- Michael RuddockExecutive Officer, Director
- William ClarkExecutive Officer, Director
- Offering amount
- $150K
- Amount sold
- $150K
- First sale
- Feb 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$125KraisedMay 2019 · 1 investors · Other Banking and Financial ServicesRule 506(b)
▶$125KraisedMay 2019 · 1 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Ziga CerkovnikExecutive Officer, Director
- Michael RuddockExecutive Officer, Director
- William ClarkExecutive Officer, Director
- Adriano MungioliExecutive Officer, Director
- Haydn CollardExecutive Officer, Director
- Offering amount
- $125K
- Amount sold
- $125K
- First sale
- Feb 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$150KraisedMay 2019 · 3 investors · Other Banking and Financial ServicesRule 506(b)
▶$150KraisedMay 2019 · 3 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Adriano MungioliExecutive Officer, Director
- Michael RuddockExecutive Officer, Director
- William ClarkExecutive Officer, Director
- Haydn CollardExecutive Officer, Director
- Ziga CerkovnikExecutive Officer, Director
- Offering amount
- $150K
- Amount sold
- $150K
- First sale
- Mar 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$25KraisedMay 2019 · 1 investors · Other Banking and Financial ServicesRule 506(b)
▶$25KraisedMay 2019 · 1 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- William ClarkExecutive Officer, Director
- Ziga CerkovnikExecutive Officer, Director
- Adriano MungioliExecutive Officer, Director
- Haydn CollardExecutive Officer, Director
- Michael RuddockExecutive Officer, Director
- Offering amount
- $25K
- Amount sold
- $25K
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$1MraisedAug 2018 · 2 investors · OtherRule 506(b)
▶$1MraisedAug 2018 · 2 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- William ClarkDirector
- Harry LernerDirector
- Michael RuddockDirector
- Ziga CerkovnikDirector
- Adriano MungioliDirector
- Offering amount
- $3.5M
- Amount sold
- $1M
- Minimum investment
- $50K
- First sale
- Aug 2018
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 10
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RemitlyRemitly is an international money transfer service that enables customers to send money across borders to multiple countries.
InstaKinInstaKin helps migrant communities purchase and send goods such as medicines, groceries, and other items to family members in their home countries. The service handles both product delivery and task management for families separated by distance.
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KarooKaroo is a financial services company operating in Canada that aims to provide fairer and more customer-focused financial products and services.
WHIZWhiz is a fintech application in Indonesia that offers high-yield savings products, including a Smart Saver deposit account (6.75% p.a.) and daily savings features, with funds secured by the Lembaga Penjamin Simpanan (LPS) deposit guarantee scheme. The app also provides payment services via QRIS and bill-splitting functionality for individual savers.
InstaremInstarem operates a cross-border money transfer service enabling individuals and small-to-medium businesses to send funds internationally with competitive exchange rates and low fees. The platform serves customers across more than 60 locations globally, having processed over $6 billion in annual transfers.
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Companies working in the same space as Grey.
Legal entities · 1
corporate structureAboki Africa, Inc.
In the news
Frequently asked questions
- What does Grey do?
- Grey enables remote workers and freelancers to open foreign bank accounts and receive international payments in their local currency. The platform focuses on serving digital nomads and creators in developing economies with simplified cross-border payment solutions.
- Who founded Grey?
- Grey was founded by Idorenyin Obong in 2020.
- Who are Grey's investors?
- Grey's investors include Ingressive Capital, Soma Capital, Y Combinator, Cresset Capital, Heirloom, Niche Capital, Vastly Valuable Ventures.
- How much funding has Grey raised?
- Grey has disclosed $3.2M raised across 7 of its 9 known rounds.
- Where is Grey headquartered?
- Grey is headquartered in San Francisco, US.