Grey, a cross-border payments solutions provider, has launched expanded business banking services including USD accounts, bulk payments, and USDC stablecoin support to streamline international transactions for African businesses.

• The new features aim to reduce the significant fees (6–7%) and multi-day settlement times typically associated with international transfers.
• Key individuals involved are Co-founder and Chief Executive Officer Idorenyin Obong and Chief Operating Officer and Co-founder Joseph Femi Aghedo.
• This expansion enables businesses to open USD corporate accounts, receive international payments, make payouts to over 170 countries, and process bulk payments rapidly.