Markets.News
In San Francisco, Airwallex, a prominent global financial platform for modern businesses, has revealed its acquisition of OpenPay, a billing platform located in San Francisco. OpenPay provides services such as subscription management, payment orchestration, and revenue analytics. This strategic move will integrate OpenPay's billing and analytics features into Airwallex's worldwide platform. The acquisition aims to enhance Airwallex's competitive position, particularly against rivals like Stripe Billing and Recurly. By incorporating OpenPay's capabilities, Airwallex intends to provide added value to its customers.