Piermont Bank Announces Fintech Partnerships with BlxckPay and MassPay

MassPay and Piermont Bank announced a partnership to let businesses pay people in 180 countries through one integration. Piermont Bank, a digital-first commercial bank and the first cloud-native commercial bank in the U.S., provides the regulated banking infrastructure, payment rails and settlement services. MassPay connects businesses to local rails, stablecoins, mobile wallets and real-time payout methods globally.

Recipients can receive funds by bank transfer, digital wallet, debit card, cash pickup or crypto, depending on the market. The partnership targets businesses paying suppliers, marketplace sellers and distributed workforces both domestically and internationally. Financial terms were not disclosed.