If you're moving money across Southeast Asia this month, three platforms just shifted under you: Airwallex, Xendit, and Respond.io. None of the changes are cosmetic β one just raised at an $11 billion valuation, another closed a five-year-old acquisition, and the third added AI features that change how support tickets get routed. Here's what actually moved between June 4 and July 10, 2026.
Airwallex
Airwallex spent June consolidating rather than expanding, and that's the more useful move for merchants who were juggling separate invoicing and billing tools. On June 9, the company folded invoicing across 130+ currencies and 160+ local payment methods, subscription management, usage-based billing, and automated cross-border tax calculation into a single product called Airwallex Billing.
The same day, Vietnam Global Accounts started supporting direct local collection of Vietnamese dong. That matters more than it sounds: sellers on Shopee and TikTok Shop in Vietnam can now bind a Vietnam Global Account straight to their marketplace store and get paid in VND. That beats watching a chunk disappear to a foreign-currency conversion on every payout.
Hong Kong got a smaller but practical update β Airwallex POS added Octopus as an accepted in-store payment method on June 9, joining Octopus online, PayMe, Alipay HK, and FPS under one integration.
The bigger news landed on June 25: Airwallex raised a $320 million Series H at an $11 billion valuation. The round is funding two new product lines. T:0 is an AI-native finance platform for bookkeeping, forecasting, tax, and compliance, currently in private beta with a wider rollout planned for the following weeks. Airi is an agentic wallet built as a one-click checkout tool, and early merchant testing reportedly showed a 14% conversion uplift.
Worth noting for anyone budgeting around this: Airwallex's core account fees haven't moved. The $0 Explore tier and the no-monthly-account-fee structure are still there, at least in this window. Given how much everything else changed, the fee stability is arguably the most useful thing here for a small merchant deciding whether to switch.
Xendit
Xendit closed a long-running thread on June 4, completing full integration of Dragonpay Corporation β the Philippines' original alternative payment processor β five years after first investing in the company. Dragonpay's 905 merchants now get direct access to Xendit's 100-plus payment methods, plus its disbursement tools, cross-border payment support, and financing products.
That extends Xendit's unified payments network across seven markets: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, and Hong Kong. It's not a one-off deal either β it follows Xendit's 2025 acquisition of Malaysia's Payex and its 2024 entry into Thailand. The pattern is consistent: Xendit keeps buying local payment networks rather than building them from scratch, and that's probably the faster way to get regulatory coverage in markets this fragmented.
On pricing, nothing changed. Xendit's transaction-based model, with no monthly minimums, held steady through this window β which, if you're a smaller merchant comparing platforms, is the detail that should carry more weight than the acquisition headline.
Respond.io
Respond.io shipped four updates worth tracking, plus one funding round that changes its trajectory.
On June 4, it added an auto-close feature for inactive conversations β every closed thread now gets an AI-generated category and summary, alongside a configurable auto-close timer. Five days later, on June 9, a Cal.com integration went live, letting agents see a contact's upcoming and past meetings and share booking links without leaving the Inbox.
Growth Widgets got a reporting upgrade on June 11: they now show which widget brought in each contact, with performance comparison reporting and three new workflow trigger variables tied to widget source.
The funding news came on June 15 β a $62.5 million Series B led by Camber Partners, with Endeavor Catalyst and existing investors joining in. Respond.io reports $35 million in annual recurring revenue, up 169% year-over-year, at a 30% profit margin. That's a strong enough number that the AI Agent updates two weeks later read less like feature bloat and more like a company spending fresh capital deliberately.
Speaking of which, on June 25, AI Agents gained conversation-context awareness. They can now tell when a human agent, a Workflow, or another AI Agent assigned them to a conversation. They also detect when a contact reopens a previously closed thread, and use that to trigger event-based instructions.
On pricing, Respond.io's published plans as of July 10 remain Starter at $79/month (roughly 2,850 THB, or about 107 SGD) and Growth at $159/month (around 5,700 THB). Advanced sits at $279/month (close to 10,000 THB, or 1,300 MYR), plus custom Enterprise pricing, with no increase against the prior baseline.
If you're deciding between the three platforms purely on cost stability this month, Respond.io and Xendit both held their pricing. Airwallex is the one worth watching β a fresh $320 million round sometimes precedes a repricing a few months out.