Airwallex, a leading global financial platform, has acquired OpenPay, a San Francisco-based billing platform specializing in subscription management, payment orchestration, and revenue analytics. This strategic move enhances Airwallex’s capabilities, positioning it to compete with Stripe Billing and Recurly while empowering businesses to scale globally with innovative billing solutions.
Airwallex acquires OpenPay to bolster its global billing capabilities.
OpenPay’s platform offers smart payment routing, AI-driven retention tools, and real-time analytics.
Supports hybrid and usage-based billing for AI and consumption-led businesses.
Integration into Airwallex’s platform set for Q4 2025.
Financial terms undisclosed; OpenPay’s 10-person team joins Airwallex.
Aims to create the first truly global billing platform for multi-currency needs.
Announced on September 3, 2025, the acquisition of OpenPay integrates its advanced billing and analytics tools into Airwallex’s global financial platform. “Most billing systems are locked in the past, they were never designed for a global, multi-currency world,” said Jack Zhang, Co-founder and CEO of Airwallex. “By bringing OpenPay’s subscription management, orchestration, and analytics capabilities into Airwallex, we’re creating the first truly global billing platform.” The integration, expected in Q4 2025, will enable Airwallex customers to automate revenue growth and scale subscriptions seamlessly across borders.
OpenPay’s platform excels in automated features like smart payment routing, AI-driven retention tools, real-time insights, and subscription management for tiered, usage-based, and flat-fee models. “We started OpenPay to solve the complexity of recurring revenue management,” said Lance Co Ting Keh, CEO of OpenPay. “In Airwallex, we found a partner who shares our vision, our DNA, and has the global reach to apply our work at scale.” With demand rising for usage-based billing—particularly among AI companies monetizing by tokens, calls, and compute—OpenPay’s technology enhances Airwallex’s ability to support multi-currency, cross-border billing.
The acquisition strengthens Airwallex’s position against competitors like Stripe Billing and Recurly, addressing the growing global subscription economy, projected to surpass $1 trillion by 2030. By combining OpenPay’s capabilities with Airwallex’s proprietary infrastructure, the company aims to lower costs, increase revenue, and enable borderless subscription scaling. OpenPay’s 10-person team, led by Lance Co Ting Keh, will join Airwallex to drive this vision forward.
Airwallex is a leading financial platform building the future of global banking for modern businesses. By combining proprietary infrastructure with software and AI, Airwallex is reimagining how businesses manage accounts, access capital, control spend, and embed financial services. Founded in Melbourne, it serves over 150,000 businesses worldwide, including TikTok, Rippling, and Qantas.
OpenPay is a comprehensive SaaS platform engineered to streamline subscription management and optimize payment workflows for businesses globally. Designed for scalability, OpenPay offers end-to-end solutions that include automated billing, failed payment recovery, and detailed analytics to reduce churn and maximize recurring revenue. With a focus on compliance, flexibility, and user-friendly interfaces, OpenPay empowers companies to efficiently manage their customer lifecycles, from onboarding to renewal.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.