Global fintech company Grey has unveiled Grey Business, a multi-currency payments platform built to help startups and SMEs across Africa and other emerging markets manage cross-border transactions with greater speed and transparency.
The product was officially launched on February 10, 2026, during a side event at the Africa Tech Summit in Nairobi, hosted in partnership with Paystack and Antler. The founders demonstrated the platform live, highlighting its ability to simplify global payments for businesses.
Grey Business enables companies to open and manage USD corporate accounts, send and receive international payments, and convert currencies instantly at real-time exchange rates. It also supports USDC and USDT stablecoin transactions, offering businesses additional flexibility in managing and moving funds across borders.
The launch represents a strategic expansion of Grey’s mission to make cross-border banking seamless for individuals and enterprises. For many African entrepreneurs, international payments remain costly and slow, often burdened by hidden charges, delayed settlements, and limited access to foreign currency accounts. The company says Grey Business removes these barriers, allowing businesses to operate globally with the same ease as local transactions.
According to the Chief Executive Officer and Co-founder, the platform was developed in response to recurring complaints from business owners about payment delays and inefficiencies that slow growth and expansion.
Africa’s cross-border payments market is projected to surpass $1 trillion by 2035, yet remittance and foreign exchange inefficiencies continue to limit participation for smaller firms. By offering transparent rates and instant settlements, Grey aims to help startups and SMEs scale faster and compete more effectively in global markets.
Regulated in the United States by the Financial Crimes Enforcement Network and in Canada by the Financial Transactions and Reports Analysis Centre of Canada, Grey currently serves nearly three million users across 70 countries and supports transfers to over 170 destinations. More than 1,000 businesses joined during the Grey Business beta phase.
With the new platform, the company formally enters the B2B payments space, complementing its existing services for individuals and remote professionals, and positioning itself as a financial bridge for entrepreneurs operating across borders.
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