We are thrilled to share that Leapfin is being acquired by Airwallex! When we first invested in Leapfin, we saw a team determined to solve a massive, painful problem: helping finance and accounting teams turn fragmented transaction data into accurate, trusted, accounting-ready financial data. What Ray, Erik, and the entire team built was real, hard, and incredibly meaningful. They earned the trust of phenomenal enterprise customers like Canva, Reddit, and SeatGeek, establishing Leapfin as the financial data foundation modern finance teams need.
Now, they get to scale that mission with a massive global platform behind them.
By integrating Leapfin’s sophisticated accounting automation engine into Airwallex's infrastructure-which serves 250,000+ customers and processes over $266B in annual transactions-they are closing the loop on the entire financial lifecycle. For enterprise customers, this is an incredible win: a seamless, end-to-end solution that eliminates manual spreadsheets and moves global revenue management into the era of real-time visibility.
To Ray, Erik, and the entire Leapfin team, past and present: thank you for your relentless execution and for building something that truly mattered. And to Jack and the team at Airwallex: we are incredibly excited to watch what you build together in this next major chapter.
Congratulations on a proud and well-deserved moment!
