Fundraising Fox

Grey

YC W22

San Francisco, US · Founded 2020 · Delaware corporation · 15 employees · 1 known investors

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 · Grey (formerly Aboki Africa)

FintechConsumerB2BNeobankUnited States of AmericaNigeriaAmerica / CanadaAfricaFully Remote

Founders & leadership· Y Combinator alumni (W22)

Grey was founded in 2020 by Idorenyin Obong.

IOIdorenyin Obong
Idorenyin Obongin𝕏Founder & CEOIdorenyin Obong previously worked at Paystack and is now CEO of Grey.
WC
William ClarkExecutive
ZC
Ziga CerkovnikExecutive
AM
Adriano MungioliExecutive
HC
Haydn CollardExecutive
MR
Michael RuddockExecutive

Investors · 1

Reported raises · per SEC filings

Form D private placements

$3.2M disclosed across 7 rounds · 2018–2019

$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 7

by search overlap
Wise2677 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Remitly1498 shared keywordsRemitly is an international money transfer service that enables customers to send money across borders to multiple countries.
Revolut1196 shared keywordsLondon-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
Instarem918 shared keywordsInstarem 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.
Transfer Go755 shared keywordsTransferGo is a financial platform that enables money transfers and financial services for people and businesses across borders, serving expatriates, freelancers, and international users in over 160 countries.
Sendwave613 shared keywordsSendwave provides international money transfer services designed to simplify remittances through digital channels with low fees and fast transfers, serving customers who want to send money across borders without visiting physical locations.
Airwallex574 shared keywordsAirwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses. The platform serves companies across 200+ countries, enabling automated financial operations, expense management, and billing for global enterprises and AI-native businesses.

Companies competing with Grey for the same Google search keywords, organic and paid, via search-intersection analysis.

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 Y Combinator.
How much funding has Grey raised?
Grey has disclosed $3.2M raised across 7 rounds.
Where is Grey headquartered?
Grey is headquartered in San Francisco, US.