Airwallex, a global financial platform for modern businesses, has acquired OpenPay, a San Francisco–based billing platform specializing in subscription management, payment orchestration, and revenue analytics. The deal integrates OpenPay’s AI-driven retention tools, flexible billing models, and innovative payment routing into Airwallex’s cross-border infrastructure, creating what it calls the first genuinely global billing platform designed for multi-currency and usage-based subscriptions. The acquisition strengthens Airwallex’s position against competitors like Stripe Billing and Recurly.
Airwallex Acquires OpenPay to Launch Global Billing Platform