Grey launches Paycheck after processing nearly $5B in payments
The cross-border payments platform has introduced a foreign-currency salary management tool, building on a user base of more than three million accounts.
Cross-border payments startup Grey has rolled out Paycheck, a product designed to let professionals collect and manage their compensation in foreign currencies [0]. The new tool offers international earners a dedicated mechanism for receiving global payroll funds directly into designated foreign-currency balances [1].
Founded in 2020 by CEO Idorenyin Obong and co-founder Femi Aghedo, the fintech company operates infrastructure centered on cross-border transactions [1]. According to TechCabal, Grey has assembled a customer base numbering more than three million users across its consumer and business services [1].
Alongside the product release, the platform reached a cumulative milestone of nearly $5 billion in processed payments since starting operations [1]. Paycheck adds specialized wage processing to that existing pipeline, addressing workers who require recurring multi-currency salary deposits [1].
Questions and answers
What is Grey Paycheck?
Paycheck is a product created by fintech firm Grey that permits professionals to collect and manage foreign-currency compensation.
How much payment volume has Grey processed?
Grey has processed nearly $5 billion in aggregate payments since starting operations in 2020.
Who founded Grey?
The platform was founded in 2020 by Idorenyin Obong, who serves as CEO, alongside co-founder Femi Aghedo.
Companies & investors in this story
Sources
- 1.Grey launches Paycheck, targets growth beyond three million users — TechCabal, Oct 28, 2026
