Grey Expands its International Presence and Services to Latin America and Southeast Asia

Grey, a B2C cross-border payments startup, announced its expansion into Latin America (LATAM) and Southeast Asia (SEA). This initiative will support digital nomads with new payout options in diverse countries. Grey aims to capture the growing digital payments market in these regions.

Founded in 2020, Grey has established itself in Africa, facilitating global money transfers. To date, the startup has raised $2 million in seed funding and assisted nearly 1 million users. The extension into LATAM and SEA will bolster financial inclusion, particularly in LATAM, where 70% of the population lacks banking services.

Grey also launched USDC payouts, allowing users to send USDC via the Ethereum or TRON network to external wallets. The company is leveraging local talent to understand market nuances and meet the needs of users worldwide.