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October 22.2025
2 Minutes Read

How Grey's New Business Banking Empowering Africa’s SMEs with Global Access

Business conference for SMEs in Africa, focusing on banking solutions.

Unlocking New Opportunities for African SMEs

Grey, a pioneering fintech from Nigeria, is setting the stage for a revolution in how African small and medium-sized enterprises (SMEs) interact with global markets. With the launch of Grey Business, African entrepreneurs can now access a suite of financial tools designed specifically for businesses looking to expand their operations internationally.

Bridging the Financial Gap

For many African startups, navigating the complexities of traditional banking has been an uphill battle. High fees and slow transfer times often hinder growth. Grey Business aims to change that landscape by offering business accounts in major currencies like USD, Euro, and Pounds. This allows startups—from tech innovators in Lagos to creatives in Nairobi—to easily engage with global clients and investors.

A Testimony to Real-World Impact

Head of global marketing at Grey, Iheakachi Nwabueze, illustrated these benefits with her own experiences. At a conference in Nairobi, she successfully funded her Grey account in Nigerian Naira and made a seamless payment via M-Pesa, showcasing how Grey’s infrastructure is already solving tangible problems for businesses. This personal experience emphasizes how innovative fintech solutions can streamline operations and unlock new dimensions of success for SMEs across Africa.

Compliance and Security: A Priority

As concerns around financial regulations grow, Grey is committed to operating transparently and legally. Nwabueze reassured potential users that Grey maintains compliance with licenses from FinCEN and FINTRAC in the US and Canada, working exclusively with registered partners. This dedication to compliance fosters trust among business users seeking safe and reliable financial solutions.

Contributing to Africa’s Tech Future

This bold step into business banking not only marks a significant evolution for Grey but also positions it as a key player in shaping Africa's tech landscape. The continent's creator economy is thriving, and by equipping businesses with competitive financial tools, Grey is helping to elevate African tech on the global stage. For entrepreneurs and investors eager to tap into this burgeoning market, Grey Business presents a promising opportunity.

Take the leap into Africa’s transformative future with Grey Business—where opportunities are boundless. Explore how you can contribute to this revolution!

Tech & AI Disruptors

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