Airwallex to acquire OpenPay.

Airwallex, a global financial platform, agreed to acquire OpenPay, a billing platform that offers subscription management, payment orchestration, and revenue analytics. Financial terms were not disclosed. “Most billing systems are locked in the past, they were never designed for a global, multi-currency world. That’s the gap we’re closing. By bringing OpenPay’s subscription management, orchestration, and analytics capabilities into Airwallex, we’re creating the first truly global billing platform. The OpenPay team brings deep technical strength and a shared conviction in our vision, and we’re thrilled to have them on board as we help businesses scale seamlessly across borders,” Jack Zhang, Airwallex Co-founder and CEO.