MassPay reported 510% year-over-year growth in third-quarter payout volume and a 112% rise in gross revenue, marking a third consecutive record quarter for the payments company.
MassPay published the results Oct. 15 but did not provide dollar totals for either measure. Its reported payout-volume growth rates rose from 317% in Q1 2026 to 408% in Q2 and 510% in Q3. Gross-revenue growth was 95% in Q1, 98% in Q2 and 112% in Q3, according to the company's quarterly announcements.
CEO Ran Grushkowsky said, “Three record quarters isn't a streak - it's a pattern.”
MassPay said MassPay Collect has launched in the United States. The service lets businesses collect funds on the same platform they use for payouts, according to the company. Europe, Canada and the United Kingdom are on its roadmap, with no launch dates given. MassPay also reported that Cash App payouts went into production. The company announced the integration Oct. 8, saying it lets clients send money to recipients' Cash App accounts.
MassPay describes its network as connecting businesses to local payment rails, stablecoins and mobile wallets in 180 countries through one integration. The company said payout rails developed with Circle and Coinbase entered production in Q2 2026 and are scaling alongside traditional options.
In a separate results post, MassPay said companies making international payments can end up using separate systems to collect funds, make domestic payouts and send money across borders. It also said provider contracts and reconciliation work can be split across those systems. The company presents its platform as a way to bring those activities together.
Bottomline announced Oct. 13 that it would add Paymode virtual card and Premium ACH options to MassPay for U.S. vendor payments. Bottomline said the services are expected to become available to MassPay customers starting in November 2026.
