Grey, a provider of cross-border payment solutions, has significantly expanded its business banking ecosystem by launching a unified platform that combines USD business accounts, bulk payment tools, and support for USDC stablecoin.
This expansion aims to provide a single, streamlined hub for companies navigating the complexities of international finance.
Grey’s latest update seeks to declutter the international banking experience by lowering costs and simplifying large-scale transactions. The platform now enables businesses to open USD corporate accounts, receive international funds, and send money to more than 170 countries. With the addition of bulk payment capabilities, companies can move from processing complex global payouts to completing them in minutes.
Cross-border payments continue to pose major challenges for businesses operating in emerging markets. The World Bank estimates that international money transfers attract average fees of about 6–7% of the amount sent, with transactions often taking several days to clear. Additionally, many businesses face limited access to foreign currency accounts, unpredictable intermediary charges, and a lack of transparency in exchange rates, all of which constrain cash flow and hinder growth.
Grey addresses these challenges by offering clear, transparent pricing, faster settlement periods, and access to USD business accounts with USDC support. This allows customers to manage every stage of the global payments process more efficiently and with greater control.
“Businesses may operate without borders today, but access to reliable global banking remains uneven, particularly for companies in high-growth markets,” said Idorenyin Obong, Co-founder and Chief Executive Officer of Grey. “We’re closing that gap and enabling businesses to move money faster, with greater transparency and control, wherever their clients or partners are based.”
“When payments are delayed or costs are unpredictable, growth stalls,” added Joseph Femi Aghedo, Chief Operating Officer and Co-founder of Grey. “Grey eliminates those friction points, giving businesses a faster, simpler way to manage payroll, supplier payments, and partner payouts across borders. Adding USD and stablecoin capabilities makes these benefits accessible to even more customers.”
Founded in Africa in 2020, Grey currently serves key regions including the United States, the United Kingdom, and Europe. Its latest growth phase sees the company extending its suite of services into Latin America and Southeast Asia.
Since its establishment, the company has continually enhanced its offerings to support digital nomads worldwide, regardless of location. Grey provides multi-currency accounts, affordable international transfers, a virtual USD card, expense management tools, and robust security features.
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