Partnership pairs Piermont's embedded banking capabilities with MassPay's global payout expertise to support evolving business payment needs at home and abroad
NEW YORK, Oct. 22, 2026 /PRNewswire-PRWeb/ -- Piermont Bank, a digital-first commercial bank, today announced a partnership with MassPay, a fintech and global payout orchestration platform, to help growing businesses move money with speed and confidence, both domestically and across borders.
As businesses grow and expand across markets, they face increasingly complex payment demands—from paying suppliers and marketplace sellers to compensating contractors and distributed workforces through a growing range of payment methods. This partnership brings together Piermont's robust embedded banking capabilities, including payment rails and settlement services, with MassPay's payout orchestration platform, which supports payments across more than 180 countries. By combining their respective strengths, the two companies aim to advance payment solutions that keep pace with the evolving needs of growing businesses.
"Successful bank–fintech partnerships start with understanding what each partner does best and how those strengths can come together to solve real business challenges," said Wendy Cai-Lee, Founder and CEO of Piermont Bank. "At Piermont, we believe banks should provide the trusted financial infrastructure that allows fintech innovators to focus on what they do best—building solutions around their customers' needs. Our partnership with MassPay reflects that philosophy, combining the strength of regulated banking with specialized payment technology to support business growth."
MassPay has experienced significant growth in demand for its payout solutions, reporting a 510% year-over-year increase in payout volume in the third quarter of 2026, an indicator of the growing industry need for payout services. As businesses increasingly require flexible payment capabilities across domestic and international markets, the partnership reflects a shared commitment to supporting their evolving financial needs, and by doing so, the parties advance their shared vision to enable SMBs to scale.
"Going cross-border can grow a business significantly, but it often feels like a huge task, and even companies already working internationally end up expanding market by market because of onboarding and compliance hurdles," said Ran Grushkowsky, CEO of MassPay. "Our partnership with Piermont Bank closes that gap, giving growing businesses one path to pay people in 180 countries."
The collaboration underscores Piermont's commitment to advancing bank–fintech partnerships through its embedded banking platform, enabling fintech companies to build and scale specialized financial solutions while leveraging the bank's regulated infrastructure and banking expertise.
About Piermont Bank
Piermont Bank is a digital commercial bank with a mission to serve fast growing companies at the speed they need. As the first cloud native commercial bank in the U.S., Piermont was built with modern technological infrastructure that allows us to operate with greater flexibility, efficiency, and scalability. We combined commercial banking expertise with innovative technology to deliver integrated and customized solutions to fast growing companies. At Piermont, we are purpose-driven, responsive and practical, building a bank for today's entrepreneurs and tomorrow's industry giant. More information can be found at www.PiermontBank.com, or contact [email protected]
About MassPay
We care about your people getting paid, everywhere. MassPay is a global financial platform that lets businesses move money instantly, compliantly, and at scale. With a single, easy-to-integrate API, MassPay connects businesses to local rails, stablecoins, mobile wallets, and real-time payout methods across 180 countries, including bank transfers, digital wallets, debit cards, cash pickup, and crypto. With embedded compliance and KYC, no contract lock-in, and no fees on failed transactions, MassPay serves marketplaces, direct selling organizations, creator platforms, and any business that needs reliable, scalable global payouts. Learn more at masspay.io.
Media Contact
Bill McCue, Piermont Bank, 1 7182087391, [email protected], www.piermontbank.com
SOURCE Piermont Bank
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