Home Business Grey Fintech Startup Offers Money Transfer Effectivity

Grey Fintech Startup Offers Money Transfer Effectivity

by Kwabe Ben

Grey co-founded by Idorenyin Obong and Femi Aghedo in 2021 offers the easiest way to send and receive international payments without restrictions.

currently available in Nigeria and Kenya, Grey launching its service to East Africa starting with Kenya in partnership with Cellulant allowing Kenyans to get paid in their preferred foreign currency and withdraw directly to M-Pesa or their local bank account.

Offering an exchange of the United States Dollar (USD), British Pound (GBP), and Euro (EUR) foreign accounts to customers Kenya shillings and Nigerian naira.

The instant currency exchange service offered by Grey enables its customers to have virtual international bank accounts for free, helping small businesses, freelancers, remote workers, and content creators in Kenya to enjoy a seamless payment process.

With Grey, one can send money to Europe and the UK and receive money from the US, Europe, and the UK.
Addressing the thousands of young Kenyans’ unemployment disaster through access to work opportunities via digital platforms in a rapidly growing gig economy.

The online gig economy is fueled by a burgeoning young workforce, internet, and smartphone penetration, as well as mobile money proliferation.

Since Africa has the youngest workforce yet with high unemployment rates, online gig work provides alternative and accessible employment opportunities as a path to economic prosperity for the youthful workforce.

Partnering with Cellutant, Grey expands its services to East Africa commencing with Kenya to assist address difficulties experienced during sending and receivership of money abroad.

Grey a Y Combinator-backed Fintech startup is offering unique international money transfers that if embraced by the users’ delivery and efficiency is promised to be proven as it entails an easier process.

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