Airwallex has proudly announced the acquisition of OpenPay, a San Francisco-based billing platform specializing in subscription management, payment orchestration, and revenue analytics. This strategic move will seamlessly integrate OpenPay's advanced billing and analytics functionalities into Airwallex's global platform, with plans to roll out this enhanced feature to customers in the fourth quarter of 2025. This new module positions Airwallex as a formidable competitor in the market, rivaling the likes of Stripe Billing and Recurly.

Jack Zhang, co-founder and CEO of Airwallex, emphasized that this acquisition is aimed at addressing a significant market gap by providing businesses with a robust, global multi-currency billing tool. With this addition, Airwallex continues to solidify its position as a leading provider of financial solutions for businesses operating across borders.