MassPay Names Co-Founder Ran Grushkowsky CEO to Drive Global Expansion

Key Terms

fintech financial

FinTech, short for financial technology, refers to new tools and software that make managing money easier and more convenient, like mobile payment apps or online banking. It matters because it helps people and businesses access financial services faster, often at lower costs, changing how we handle money in everyday life.

cross-border payments financial

Cross-border payments are transfers of money between people, businesses, or banks in different countries, including wages, supplier invoices, investments, and customer purchases. They matter to investors because they affect a company’s cash flow, costs, and market access—think of them as the international pipes that move funds; if those pipes are slow, expensive, or unreliable, a company’s profits and growth can be reduced.

AML/KYC regulatory

AML/KYC is the combined set of checks and procedures financial firms use to verify who a customer is (Know Your Customer) and to detect, prevent or report money laundering and other illicit fund flows (Anti‑Money Laundering). It matters to investors because strong AML/KYC reduces legal and reputational risk, lowers the chance of fraud, and can affect a firm’s costs and ability to operate — think of it as background checks that protect a building’s tenants and owners.

embedded finance financial

Embedded finance integrates financial services directly into the products or platforms people use daily, such as online shopping or business software. It allows users to access services like payments, loans, or insurance seamlessly within those platforms, making transactions faster and more convenient. For investors, it represents a way for companies to generate new revenue streams and deepen customer relationships through integrated financial offerings.

fraud prevention technical

Fraud prevention is the set of policies, tools and checks an organization uses to stop dishonest schemes like false accounting, embezzlement or scams before they happen; think of it as the locks, alarms and identity checks businesses use to keep money and information safe. It matters to investors because effective fraud prevention reduces the risk of sudden financial losses, costly legal trouble and damage to a company’s reputation, all of which can hurt share value.

M&A financial

M&A, short for mergers and acquisitions, involves one company combining with or purchasing another company to grow, streamline operations, or gain competitive advantages. For investors, M&A activity can signal potential for increased value, new opportunities, or changes in market dynamics, making it an important factor to watch in the business landscape.

identity verifications technical

Identity verifications are the checks companies use to confirm a person or organization's claimed identity — for example by comparing government IDs, records, biometrics, or data from trusted sources, much like showing a passport at an airport. For investors, these checks matter because they reduce fraud and legal risk, support regulatory compliance, protect the value of transactions and customer trust, and can affect speed and cost of doing business.

Serial fintech entrepreneur will bolster MassPay’s position as the global payout leader, serving over 230 countries and supporting 70+ currencies

LAS VEGAS--(BUSINESS WIRE)-- MassPay, the leading global payout orchestration platform, today announced that co-founder Ran Grushkowsky will assume the role of Chief Executive Officer, effective January 1, 2026. The leadership change positions MassPay for accelerated growth and reinforces its position as the undisputed industry leader in instant, fully compliant global payouts. Former CEO and co-founder Jeffrey Katz, who is stepping down to pursue other endeavors after leading MassPay for six years, will remain active on the company’s board and provide strategic guidance as the company scales.

Grushkowsky has over 20 years’ experience building financial platforms, scaling global operations and leading successful exits, including the sale of USend to Inter & Co (NASDAQ: INTR), where he served as COO and CTO. He has deep expertise in cross-border payments, compliance (AML/KYC), embedded finance, and fraud prevention. A serial entrepreneur and accomplished technologist who sold his first company at age 16, Grushkowsky has built, from the ground up, multiple ventures including WireCash, ATMCash, and TrueMp3s, raising tens of millions in capital, building platforms that reached millions of users, negotiating enterprise partnerships, and leading M&A processes from both the product and deal table.

"I'm honored to step into this role at such an exciting time," said Grushkowsky. "MassPay offers something truly unique – a platform that delivers the speed and orchestration capabilities modern businesses need to compete globally. Our focus will be on accelerating our mission to make instant global payouts as simple as local payments while maintaining the trust and reliability our customers expect."

Grushkowsky co-founded MassPay with Katz which, in 2020, commenced to build its platform. Under Katz’ leadership, the company has experienced tremendous growth, particularly over the last year as businesses increasingly demand instant, global payout capabilities with built-in compliance and reliability. The platform now facilitates payouts across more than 230 countries and 70+ currencies while processing tens of thousands of monthly identity verifications through its embedded compliance infrastructure. This rapid scaling has positioned MassPay as the undisputed leader in the global payout orchestration space, setting the stage for greater expansion under Grushkowsky's leadership and technical expertise.

“This is an exciting inflection point in our company, and Ran is the natural choice to guide MassPay’s continued growth," said Katz. "His technical depth, global payments experience and ability to scale fintech businesses position us well for the opportunities ahead. With Ran at the helm, we’ll continue delivering the speed, reliability, and global reach our customers count on."

Grushkowsky added, "The foundation we've built positions MassPay perfectly for strong growth. Jeff has been instrumental in getting the company to this point – establishing our vision, building a world-class team, and earning the confidence of partners and customers who rely on us for mission-critical payments. I'm confident we'll achieve our ambitious goals and reshape how businesses approach global payouts in 2026 and beyond.”

About MassPay

We care about your people getting paid, anywhere. MassPay is the leading global payout orchestration platform empowering businesses to move money instantly, compliantly, anywhere, at scale. With a single, easy-to-integrate API, MassPay enables businesses to make real-time payouts to payees via bank transfers, digital wallets, debit cards, cash pickup or cryptocurrency. Our platform combines instant settlement capabilities with embedded compliance and KYC features, ensuring a secure payout experience for marketplaces, direct sales organizations, content creator platforms, and any business that requires a reliable, scalable global payout solution. Learn more at masspay.io.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251210935027/en/

MassPay Contact:

Marketing@masspay.io



Media Contact:

Mary York

York Public Relations

mary@yorkpublicrelations.com

Source: MassPay