Airwallex has launched a new suite of billing products aimed at businesses, enhancing its competitive stance against Stripe. The $8 billion fintech company, with headquarters in Singapore and San Francisco, now offers tools for invoice generation, software usage tracking, and subscription management. These features are integrated into Airwallex's existing pricing plan, allowing current customers to access them at no additional cost. This launch marks a significant expansion of Airwallex's enterprise financial tools, positioning it as a more comprehensive finance platform. Previously focused on cross-border payments, Airwallex's revenue now derives only 30% from payment services, reflecting its broader product strategy. The company is accelerating its expansion into North America and Europe, challenging established players like Stripe and Ramp in these markets. Airwallex's global coverage is seen as a key advantage in capturing market share from traditional financial service providers.