Connect with us

Technology

MassPay Partners with Finexio to Launch Cross-Border AP Payments in 180+ Countries

Published

3 months ago

on

Partnership brings MassPay’s global payout network into Finexio’s accounts payable platform, with local payment rails in more than 180 countries, identity-verified vendors, and no added fees on payments that fail to land. General availability is targeted for late summer 2026.

ORLANDO, Fla. and LAS VEGAS, July 27, 2026 /PRNewswire/ — Finexio, the Accounts Payable Payments as a Service provider embedded in the world’s top procure-to-pay software suites, will launch its first cross-border payments offering through a partnership with MassPay, the global payout orchestration platform, the companies announced today. The offering will let Finexio customers pay vendors in more than 180 countries and 80 currencies directly from the AP platform where their domestic payments already run. It is rolling out with first partners now, with general availability targeted for late summer 2026.

The partnership reflects a larger shift in B2B payments. Cross-border vendor payments have historically lived outside the AP workflow, handed off to bank portals, wire forms, and a chain of correspondent banks that added days and stripped out visibility along the way. That model is giving ground to embedded infrastructure, where the AP platform becomes the origination point for global payments and a payout network handles delivery underneath it.

Under the partnership, Finexio customers will initiate international vendor payments from their existing AP workflow, and MassPay’s infrastructure will handle routing, funds delivery, and local payment rails in each market, with screening and verification built into the flow. Every vendor’s primary contact will complete identity verification, including a government ID and a live selfie, before payments begin, and account and name validation adds a second check in key markets. These validation layers help MassPay maintain a 99.76% transaction success rate across its network. Payments will move over MassPay’s established local rails, including real-time payout methods where available in the destination market, with no added fees when a payment fails to land, backed by MassPay’s pay-for-success model.

For years, growing internationally meant accepting a tradeoff: slower payments, less visibility into where money actually was, a new integration for every market, and treasury teams spending hours reconciling transactions instead of managing cash. The partnership is built to remove that tradeoff, and to open new markets without new integrations.

“Our customers already pay vendors all over the world. Today that means leaving the AP platform, keying wires into a bank portal, and losing sight of the money until it lands,” said Chris Wyatt, CEO of Finexio. “We are betting that global growth should not require a global payments team, and that accounts payable is the right place to solve it. We chose MassPay because their network matched the scale of what we were building toward.”

“We believe businesses should get paid in the currency, on the rail, and through the method that actually works for them locally,” said Ran Grushkowsky, CEO of MassPay. “We spent years building the proprietary infrastructure to make that real at scale, market by market. Now we get to put that infrastructure to work for Finexio and its customers, and help those businesses grow into markets they couldn’t easily reach before.”

About Finexio

Finexio is the leading provider of Accounts Payable Payments as a Service, embedded in the world’s top procure-to-pay software suites. Finexio’s fully managed platform executes supplier payments end to end across every payment rail, moves suppliers to electronic payment, blocks fraud, and handles supplier support. Hundreds of mid-market and enterprise customers rely on Finexio to process billions of dollars in B2B payments annually. Finexio is headquartered in Orlando, Florida. Learn more at finexio.com.

About MassPay

MassPay is a global payout orchestration platform enabling businesses to send payments to recipients in more than 180 countries across multiple rails, currencies, and payout methods, including local bank transfers, mobile wallets, real-time payments, and stablecoins. Built on a pay-for-success model, MassPay charges only on successful transactions, absorbs costs associated with cancellations, and requires no long-term contracts, giving clients enterprise-grade infrastructure with full operational flexibility. MassPay is headquartered in Las Vegas, Nevada. Learn more at masspay.io.

Media Contact:
Kris Conesa
C-Suite Media Strategies
Kristopher Conesa
kconesa@csuitepr.com
www.csuitepr.com
305-975-5934

View original content to download multimedia:https://www.prnewswire.com/news-releases/masspay-partners-with-finexio-to-launch-cross-border-ap-payments-in-180-countries-302834764.html

SOURCE MassPay

Related Topics:
Continue Reading

Technology

STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

Published

33 minutes ago

on

October 24, 2026

By

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

Continue Reading

Technology

Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

Published

34 minutes ago

on

October 24, 2026

By

TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

Continue Reading

Technology

Club Offers for Travel Enthusiasts in Canada

Published

2 hours ago

on

October 23, 2026

By

TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

Continue Reading

Trending