Today, I'm excited to share an important milestone in Leapfin's journey: Leapfin is joining Airwallex.
We started Leapfin to help finance and accounting teams turn fragmented transaction data into accurate, trusted, accounting-ready financials. We knew finance teams were struggling with disconnected systems, spreadsheets, and manual workarounds. They needed a stronger foundation for revenue accounting, reconciliation, and the broader record-to-report process.
Our mission remains the same. What changes now is the scale of what we can build.
Airwallex has built a global financial platform of enormous reach and ambition. By unifying the entire financial lifecycle – accepting payments, managing funds, and making payouts across currencies and entities – Airwallex has created a financial platform that moves as fast as the modern economy. Its infrastructure processes over $266 billion in annual transaction volume and serves more than 250,000 customers globally.
When we partnered with Airwallex last year, it became clear how aligned our companies were — not just strategically, but in how we think about the future of finance technology.
Now, we get to build that future together.
What we can do together
Finance teams today are asked to do more than ever. They are expected to move faster, close faster, deliver better reporting, support global operations, and do all of it with greater accuracy and control.
But the systems behind that work are still too fragmented. Payment data lives in one place. Billing data in another. Accounting logic somewhere else. The result is too much manual work, too much reconciliation, and too little confidence.
That is the problem Leapfin has been focused on solving for years.
By joining Airwallex, we can continue that work with greater backing, broader reach, and more resources behind it. Airwallex brings global financial infrastructure and scale. Leapfin brings deep expertise in revenue accounting, reconciliation, and transforming operational data into GAAP-ready financials. Together, that combination creates an opportunity to build something much bigger than either company could alone.
What this means for customers
First and foremost: Leapfin is not going away.
Our customers rely on us for critical financial workflows, and we take that responsibility seriously. This acquisition only strengthens our commitment – our product and people aren’t changing.
What changes is the level of backing behind what we do. As part of Airwallex, we will have more resources to invest in product development, infrastructure, and customer support. Over time, that will help us move faster, deepen capabilities, and create an even stronger foundation for the finance teams we serve.
I'm incredibly proud of what the Leapfin team has built. I'm deeply grateful to our customers and partners for trusting us. And I'm genuinely excited for what comes next.
This is not the end of the Leapfin story. It is the beginning of a much bigger one.
"Finance teams today are managing unprecedented complexity, operating across multiple entities, currencies, and fragmented data systems. Leapfin has solved a notoriously difficult engineering problem by turning messy transactional data into an auditable, single source of truth. Bringing Leapfin's powerful data engine and accounting AI agents into the Airwallex ecosystem allows us to close the loop on the entire financial lifecycle, from accepting payments to closing the books." - Jack Zhang, CEO, Airwallex
"We started Leapfin to give finance teams a stronger foundation than disconnected legacy systems and manual workarounds. By joining forces with Airwallex, we have the backing of a global platform to accelerate our roadmap, scale our engineering resources, and deliver even greater value to the customers who trust us with their critical financial workflows." - Ray Lau, CEO, Leapfin
About Leapfin
Leapfin is AI-powered revenue recognition and reconciliation platform that helps companies accurately account for and report on revenue by standardizing large volumes of siloed, inconsistent operational data into GAAP- and IFRS-ready financials and automating manual accounting tasks. Leapfin powers Finance teams at Clio, GoodRx, Poshmark, Mozilla, and other high-growth global businesses. Learn more at www.leapfin.com.
About Airwallex
Airwallex is a leading global financial platform for modern businesses. We are building the future of global banking for a borderless, real-time, intelligent economy.
More than 250,000 companies worldwide, from startups to public enterprises, use Airwallex to manage their global banking and financial operations, or to build and monetise their own financial products.
Founded in Melbourne in 2015, Airwallex holds 85+ licenses across North America, Europe, the Middle East, and Asia-Pacific, forming one of the most comprehensive financial infrastructures in the world. This regulated backbone powers Airwallex products at global scale, including payment acceptance, billing, global business accounts, corporate cards, and spend management.
The company is co-headquartered in San Francisco and Singapore with over 2,200 employees across 26 offices. Learn more at www.airwallex.com.
See how Leapfin works
Get a feel for the ease and power of Leapfin with our interactive demo.
