What is Grey and how does it work?

Grey is a fintech platform that provides digital foreign bank accounts in USD, EUR, GBP, and other currencies for digital nomads, remote workers, freelancers, and businesses. It works by letting you receive international payments instantly with IBANs and account details, swap currencies at competitive rates, spend with a virtual USD debit card, send payments abroad, buy airtime or gift cards, and track expenses through analytics.

How much does Grey cost?

Grey doesn’t charge a single flat subscription fee, but instead you pay small fees on transactions (like ~0.8% on deposits, ~1% on currency conversions with caps, and small withdrawal charges), while there’s no monthly account maintenance fee.

What countries does Grey operate in?

Grey operates in countries across Africa (such as Nigeria, Ghana, Kenya, with plans for Uganda and Rwanda), the United States, Europe, Latin America (such as Brazil and Mexico), and Southeast Asia (such as Indonesia and the Philippines). It offers payout options in over 80 countries.

How do I sign up for Grey?

You can sign up for Grey directly on their website or mobile app by downloading the app, creating an account, and verifying your identity. Visit grey.co or check their support articles for the step-by-step getting started guide.

Does Grey have a mobile app?

Yes, Grey has a mobile app available on iOS and Android.

Who is Grey best suited for?

Grey is best suited for digital nomads, remote workers, freelancers, and small businesses in emerging markets who need to receive payments from abroad, manage multiple currencies, and handle cross-border transactions.

How do I contact Grey support?

You can contact Grey support through their help center at support.grey.co or via in-app chat.

Does Grey have a plan for teams or businesses?

Yes, Grey offers services for businesses, including virtual foreign accounts to receive international payments.

Grey

🇳🇬 Nigeria 🇬🇭 Ghana 🇰🇪 Kenya+3 more

A digital banking platform for freelancers and businesses to open foreign accounts, receive and send international payments, exchange currencies, and track expenses.

Use it on:Web Android· 4.7 iOS

Is Grey right for you?

Best for

Freelancers paid abroad
Remote workers
Creators with global clients
SMEs taking foreign payments
Teams with travel spend

What it does well

Foreign currency accounts
International money transfers
Multi-currency exchange
Virtual cards
Invoices and expenses

Things to check

Supported currencies
Transfer speed to bank
Exchange rate markup
Compliance check delays
Support responsiveness

Grey is a fintech platform for individuals and businesses, especially African freelancers and companies, that need to open foreign accounts and receive, send, and exchange money internationally from a phone.

Key capabilities include:

Foreign currency accounts that can be opened from a phone, designed for receiving foreign payments and managing multiple currencies in one place.
Global funds transfers and P2P payments, supporting sending and receiving international payments with instant transaction notifications and a detailed transaction history.
Currency exchange with real-time conversion rates, aimed at converting between currencies without traditional bank paperwork.
Payment and money management tools including virtual cards, invoicing for client billing, bill payments, gift cards, expense management, and a savings feature.

Available on Web, Android, and iOS.

It serves freelancers, remote workers, digital nomads, travellers, expats, and businesses that handle cross-border payments and need foreign account details for client payouts and global spending.

Grey.co is notable in African payment workflows because it focuses on helping users in African markets access foreign currency account functionality and international transfers in one app. It is also formerly known as Aboki Africa, and the company states it is a financial technology company (not a bank) with services provided by licensed banking partners and regulated entities (FINTRAC in Canada, FinCEN in the US).

As of Jun 29, 2026, Grey is rated 4.7 on Google Play from 22.4K reviews with 1M+ installs.

Phone:+1 469-644-5272

Social Links:

Categories:

Fintech

Features & Business Model:

b2c cross-border-payments expense-tracking invoicing multi-currency virtual-cards

Frequently Asked Questions About Grey

Recent Reviews for Grey

4.5

Excellent · 2 reviews

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danielyusuf15

NG · 2 reviews

May 31, 2026

Its good for making foreign transactions

Lanre OnasanyaVerified

NG · 1 review

May 15, 2026

I’ve used and observed Grey long enough to say it solves a real problem for Nigerians and remote workers who deal with foreign payments regularly. The onboarding is relatively smooth, the UI is clean, and receiving USD, GBP, or EUR is far easier than dealing with traditional Nigerian banks. For freelancers, creators, and tech workers, it genuinely removes a lot of friction. A lot of users also praise the speed of transfers and simplicity of the app experience. That said, the app is not flawless. Customer support seems inconsistent depending on the issue, and I’ve seen repeated complaints around delayed responses, compliance checks, reversals, and exchange rates that sometimes feel expensive. I also think Grey still has work to do around trust perception because fintech users become very sensitive once money gets delayed even briefly. Overall though, I’d still rate it as one of the more practical fintech products built for Africans handling international transactions today.

DD Dave found that Grey has raised $2.1M across 3 rounds, backed by 10 investors. Their latest round was a Seed in Aug 2022. See how we get product data