Y Combinator-backed fintech Greyhas launched the second edition of its “UpGreyed Her” program, offering $9,500 in equity-free grants to women entrepreneurs, marking a 19% increase from last year’s funding pool.
UpGreyed Her is a financial inclusion initiative by Grey designed to empower female entrepreneurs by providing them with the necessary capital to expand their businesses. Long-term support is necessary to achieve gender parity, and UpGreyed Her is our commitment to that.
Grey is at the forefront of providing secure and convenient global banking solutions to meet the needs of customers and businesses. With a Money Service Business license from FINTRAC in Canada and FinCEN in the USA, Grey, whose primary focus is emerging markets, has created a range of services that enable individuals and businesses to own and manage their foreign bank accounts easily, including currency exchange and access to virtual cards. Grey Inc. is a company duly incorporated under the laws of Delaware, USA.
Eligibility Criteria
To qualify, businesses must be founded by a woman or have a female co-founder with at least 50% ownership. The business must have been in operation for a minimum of three years. The founder must be between 21 and 35 years old and a citizen or resident of an eligible country within Africa, the Middle East, Southeast Asia, Europe, Latin America, the UK, or the US. Please refer to the full list of eligible countries here
Benefits
They are awarding a total of $9500 in grants to four outstanding applicants. The first-place winner will receive $4,000, while the remaining three winners will receive $2,000, $2,000 and $1,500, respectively.
Applications open Saturday, March 8th, and close Tuesday, April 8th, 2025. To apply, submit your business details via the official application form. Shortlisted candidates will be asked to submit a video pitch and may be invited for a brief interview before the four winners are selected. Please ensure you read the terms and conditions before submitting your application.
