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Stripe has completed its acquisition of Metronome, which specializes in billing for complex usage-based models. This move aims to enhance Stripe's platform and support various software businesses, from startups to large enterprises, by integrating Metronome's capabilities into Stripe Billing.
Airwallex has acquired billing platform OpenPay to enhance its services and compete directly with Stripe Billing. OpenPay offers features such as subscription management and payment orchestration, which Airwallex aims to leverage to create a global billing platform designed for modern multi-currency needs.