M&A Deal Summary

Airwallex Acquires CTIN Pay

On March 4, 2025, Airwallex acquired information technology company CTIN Pay

Acquisition Highlights
  • This is Airwallex’s 2nd transaction in the Information Technology sector.
  • This is Airwallex’s 1st transaction in Vietnam.

M&A Deal Summary

Date 2025-03-04
Target CTIN Pay
Sector Information Technology
Buyer(s) Airwallex
Deal Type Add-on Acquisition

Target

CTIN Pay

Vietnam
CTIN Pay is an Intermediary Payment Service (IPS) licensed company in Vietnam.

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Buyer(S) 1

Buyer

Airwallex

Melbourne, Australia

Category Company
Sector Information Technology
DESCRIPTION

Airwallex is a global financial platform for modern businesses, offering trusted solutions to manage everything from payments, treasury, and spending management to embedded finance. With its proprietary infrastructure, the company takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. Airwallex is based in Melbourne.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Vietnam M&A 1 of 1
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-19 Mexpago

Huixquilucan, Mexico

MexPago is a regulated Fintech company that enables merchants to modernize the way to make and receive all types of payments on one integrated payment platform in Mexico. From receiving payments with major card networks like Visa, MasterCard, and American Express, to SPEI interbank transfers for online or physical stores, its clients can receive payments for the sale of their products or services, and make payouts to suppliers and employees, all on a single platform. MexPago is based in Huixquilucan, Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-03 OpenPay

New York, New York, United States

OpenPay is a comprehensive SaaS platform engineered to streamline subscription management and optimize payment workflows for businesses globally. The company offers end-to-end solutions that include automated billing, failed payment recovery, and detailed analytics to reduce churn and maximize recurring revenue. With a focus on compliance, flexibility, and user-friendly interfaces, it empowers companies to efficiently manage their customer lifecycles, from onboarding to renewal. OpenPay is based in New York, New York.

Buy -