US-based Leapfin has partnered with Airwallex in a strategic initiative to streamline business operations by unifying revenue data and enhancing reconciliation processes.
Airwallex’s Financial Infrastructure Meets Leapfin’s AI-Enabled Revenue Accounting Platform
By combining Airwallex’s financial infrastructure with Leapfin’s advanced AI-driven revenue accounting platform, the collaboration aims to support global businesses in integrating payments, accounting, and revenue recognition more efficiently.
Innovative Integration for Enhanced Finance Team Efficiency
The integration of Leapfin into Airwallex enables raw payment transactions to be automatically transformed into standardized accounting data. This process eliminates the need for finance teams to rely on spreadsheets or manual mappings, ensuring that every transaction is processed through Leapfin’s revenue data transformation engine and converted into Universal Accounting Records.
Unified Data Source and Advanced Reporting Capabilities
Through this strategic deal, Airwallex payment data will be seamlessly combined with a business’s existing revenue stack—including billing systems, marketplaces, and subscription platforms—into a single source of truth. This will facilitate faster reconciliations, improved global currency normalization, and ERP-ready reporting.
With Leapfin’s AI-enabled revenue recognition capabilities, the partnership ensures that finance teams receive actionable insights in real-time. The platform’s native AI agent, Luca, supports simplified trend analysis, anomaly detection, and decision-making ready reports, enhancing overall financial management.
Preliminary Benefits and Future Plans
Initial results from joint customers have shown significant improvements, such as a consolidated view of real-time revenue data, accurate foreign exchange reconciliation, accelerated month-end closings, and increased confidence in audit-ready financials.
Philipp Reichardt, VP, Enterprise, Americas at Airwallex, highlighted the company’s dedication to assisting businesses in global growth without the barriers imposed by financial borders. The partnership with Leapfin supports this mission by ensuring that every transaction processed through Airwallex can be converted into compliant and auditable financial records.
