Leapfin and Airwallex Forge Strategic Partnership to Transform Revenue Accounting for Growing Businesses
In a move set to redefine revenue accounting for rapidly scaling companies, Leapfin and Airwallex have announced their strategic partnership aimed at unifying global payments and accounting systems. This collaboration combines Leapfin’s advanced AI-driven revenue recognition platform with Airwallex’s robust global financial ecosystem, empowering high-growth businesses to manage financial operations with increased efficiency and compliance.
As businesses expand internationally and adopt new models, finance teams face escalating challenges in coordinating fragmented data and ensuring compliance with diverse accounting standards. The partnership intends to alleviate these pressures by offering integrated solutions for billing, payment collections, and audit-ready financial reporting. By leveraging AI technology, Leapfin and Airwallex aim to minimize manual reconciliations and provide real-time insights into global revenue.
Ray Lau, CEO of Leapfin, emphasized the urgency for finance leaders: “They’re no longer questioning if they can support global growth; they want to know how quickly they can do it. Our collaboration with Airwallex equips companies with the tools necessary to accelerate their operations while remaining compliant.”
Philipp Reichardt, VP of Enterprise, Americas at Airwallex, echoed this sentiment, stating, “Our partnership with Leapfin extends our mission to eliminate financial borders, allowing finance teams to turn transactions into compliant, auditable financial statements.”
Customer Impact
Clients who have engaged with the joint initiative are already reporting significant advantages, including quicker month-end closings, precise foreign exchange reconciliations, and more reliable audit-ready financials. By reducing time-consuming manual processes, the partnership empowers finance teams to concentrate on strategic growth initiatives.
About Leapfin
Leapfin specializes in AI-powered revenue recognition and reconciliation software, designed to help organizations accurately account for and report revenue at scale. The platform standardizes varied operational data into GAAP and IFRS-compliant financials, automating manual accounting tasks for firms like GoodRx, Reddit, and Mozilla.
About Airwallex
Airwallex is at the forefront of redefining global banking. As a leading financial platform, it offers comprehensive solutions that range from global payments to spend management, enabling over 150,000 businesses to thrive across borders. Founded in Melbourne, Airwallex is trusted by industry leaders including Canva and Deel.
For more information, visit www.leapfin.com and www.airwallex.com.
