International monetary platform Airwallex is transferring into the billing house with its acquisition of OpenPay, including subscription administration and income analytics to its international platform. Monetary phrases of the deal weren’t disclosed.
Airwallex’s billing providers will likely be out there for each new and current clients within the fourth quarter of 2025.
The acquisition brings OpenPay’s billing and analytics instruments into Airwallex’s international platform, strengthening its place in opposition to rivals similar to Stripe Billing and Recurly.
OpenPay’s expertise consists of sensible fee routing, AI-driven retention instruments, real-time insights and subscription administration for tiered, usage-based and flat payment fashions.
Demand for hybrid and usage-based billing, tied to product consumption reasonably than fastened pricing, is rising amongst AI and different consumption-led companies.
Airwallex mentioned the brand new options will help multicurrency billing at a time when demand is anticipated to extend.
The worldwide subscription financial system is projected to surpass US$1 trillion by 2030.
“Most billing techniques are locked up to now, they had been by no means designed for a worldwide, multi-currency world. That’s the hole we’re closing. By bringing OpenPay’s subscription administration, orchestration, and analytics capabilities into Airwallex, we’re creating the primary really international billing platform.
The OpenPay workforce brings deep technical power and a shared conviction in our imaginative and prescient, and we’re thrilled to have them on board as we assist companies scale seamlessly throughout borders.”
mentioned Jack Zhang, Co-founder and CEO of Airwallex.
“We began OpenPay to resolve the complexity of recurring income administration. We envisioned a better, extra intuitive platform that empowers subscription companies to scale with out boundaries.
In Airwallex, we discovered a companion who shares our imaginative and prescient, our DNA and has the worldwide attain to use our work at scale. We’re very pleased with what we’ve constructed and excited for our subsequent chapter as we companion with Airwallex to set a brand new normal, making a paradigm shift in international funds.”
mentioned Lance Co Ting Keh, CEO of OpenPay.
Featured picture: Edited by Fintech Information Singapore, primarily based on picture by yogiermansyah22 by way of Freepik