United States-Singapore $8 Billion Fintech Airwallex to Buy United States Financial Data Automation Platform Leapfin, Leapfin Founded in 2015 by Raymond Lau & Erik Yao, Airwallex Founded in 2015 by Jack Zhang, Max Li, Lucy Liu, Xijing Dai & Ki-lok Wong
11th June 2026 | Hong Kong
United States-Singapore fintech Airwallex ($8 billion valuation) has announced to buy United States financial data automation platform Leapfin. Leapfin was founded in 2015 by Raymond Lau and Erik Yao. Airwallex was founded in 2015 by Jack Zhang, Max Li, Lucy Liu, Xijing Dai & Ki-lok Wong. Announcement (4/6/26): “Airwallex, a leading global financial platform for modern businesses, today announced the acquisition of Leapfin, a premier financial data automation platform specializing in revenue recognition and reconciliation. The acquisition strengthens Airwallex’s comprehensive suite of solutions, allowing businesses to seamlessly transition operational transaction data into GAAP-ready financials. Integrating Leapfin’s deep expertise in revenue accounting with Airwallex’s global infrastructure will offer global finance teams a strong foundation for the entire record-to-report process. The companies plan to launch new product capabilities in the coming months, building on Leapfin’s technology to simplify reconciliation, revenue recognition, and other record-to-report processes.”
” United States-Singapore $8 Billion Fintech Airwallex to Buy United States Financial Data Automation Platform Leapfin, Leapfin Founded in 2015 by Raymond Lau & Erik Yao, Airwallex Founded in 2015 by Jack Zhang, Max Li, Lucy Liu, Xijing Dai & Ki-lok Wong “
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Jack Zhang, CEO & Co-founder, Airwallex: “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.”
Ray Lau, CEO & Co-founder, Leapfin: “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.”
Leapfin – Leapfin is the intelligent layer that powers modern Record-to-Report processes with AI, giving Finance and Accounting teams total clarity and control. At its core is a powerful data engine that unifies and transforms all your transaction data into a single, trusted source of truth. AI is the interface, making it easy to build and adjust accounting logic, detect anomalies, explore and report on data in real time – without waiting on engineering.
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.
United States-Singapore $8 Billion Fintech Airwallex to Buy United States Financial Data Automation Platform Leapfin, Leapfin Founded in 2015 by Raymond Lau & Erik Yao, Airwallex Founded in 2015 by Jack Zhang, Max Li, Lucy Liu, Xijing Dai & Ki-lok Wong
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