Finance AI Index
Index Treasury and cash Cross-border payments › Airwallex vs Thunes
Cross-border payments and FX · September 2026 Edition

Airwallex vs Thunes

Nine of twelve models named Airwallex first on the direct prompt; one named Thunes. Airwallex was named by twelve of the twelve models and Thunes by eight and Airwallex carries 43 labels and Thunes 13, so the shares are not directly comparable.

Airwallex

endorsed leader

Named in eight categories this edition.

Thunes

accepted challenger

Named in one category this edition.

First-choice share33%2%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate5%0%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#2#5A position in a field of 11; printed, not drawn.
Labels4313A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Airwallex reading right to left. Rank and label count are printed, not drawn.Wise Business was named alongside these two in eleven of the twelve direct answers. Wise Business vs Airwallex · Wise Business vs Thunes · Airwallex vs Corpay Cross-Border

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all twelve models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the Cross-border payments and FX page.

By framing

How many of the twelve models made each the first choice, per way of asking, and how many argued against it.
AirwallexFirst choices, of twelve modelsThunes
Direct91
Paraphrase101 against Airwallex
Comparative32
Budget-constrained201 against Airwallex
Scale-constrained30
Negative00
Bars are first choices, 0 to 12 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to twelve.

Across every category in the September 2026 Edition, Airwallex and Thunes were named in the same answer forty-four times, of the 278 answers naming Airwallex and the 54 naming Thunes. In those answers Thunes took the first choice nine times and Airwallex ten.

Every model, every framing

The seventy-two answers behind the chart above, one cell each: where Airwallex and Thunes stood in it.
ModelDirectParaphraseComparativeBudget-constrainedScale-constrainedNegative
Claude Haiku 4.5
GPT-5.4 mini
Gemini 3.5 Flash
Perplexity Sonar
Grok 4.1 Fast
Mistral Small
DeepSeek V4 Flash
Llama 4 Maverick
Qwen 3.7 Flash
Kimi K2
GLM 4.7 FlashX
MiniMax M2.5
Airwallex Thunes first choice named as an alternative argued againstblank: not namedEach cell is one answer, Airwallex on the left and Thunes on the right.

The direct prompt

The plain question, one answer per model, grouped by where Airwallex and Thunes stood in it.

Airwallex first, Thunes an alternative

9 of 12 modelsThunes was named in the answer but not as the choice, or not at all.
GPT-5.4 miniAirwallex alternatives: Payoneer, Stripe, Wise Business
Gemini 3.5 FlashAirwallex alternatives: Convera, Corpay Cross-Border, Tipalti, TransferMate, Wise Business
Perplexity SonarAirwallex, Tipalti alternatives: Currencycloud, Payoneer, Stripe, Wise Business
Grok 4.1 FastAirwallex, Wise Business alternatives: Nium, Rapyd, Stripe Treasury, Thunes, Tipalti
DeepSeek V4 FlashAirwallex alternatives: Convera, OFX, Tipalti, Wise Business
Qwen 3.7 FlashAirwallex, Wise Business alternatives: Currencycloud, Revolut Business
Kimi K2Airwallex alternatives: Corpay Cross-Border, Tipalti, Wise Business
GLM 4.7 FlashXAirwallex alternatives: Banking Circle, Cedar Money, PhotonPay, Stripe, Thunes, Tipalti, Wise Business
MiniMax M2.5Airwallex alternatives: Stripe, Thunes, Wise Business

Thunes first, Airwallex an alternative

1 of 12 modelsAirwallex was named in the answer but not as the choice, or not at all.
Mistral SmallThunes, Wise Business alternatives: Airwallex, Nium

Neither was the first choice, one was named

1 of 12 modelsThe answer put something else first and named one of the two as an alternative.
Claude Haiku 4.5Wise Business alternatives: Thunes, Tipalti

Neither was named

1 of 12 modelsThe answer made no first choice from these two in this category.
Llama 4 Maverickno first choice

Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Airwallex leads by five points.
Airwallex5%#3 of 8
Thunes0%#7 of 8
The full small business standing →
Mid-marketThe figures above
Airwallex leads by thirty points.
Airwallex33%#2 of 11
Thunes2%#5 of 11
The full mid-market standing →
Enterprise
The order flips: Thunes leads at enterprise.
Thunes22%#1 of 12
Airwallex19%#3 of 12
The full enterprise standing →

What the models said about Airwallex

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Five of six in this category shown.

“their platform is fundamentally optimized for transactional operations rather than complex risk hedging programs” Gemini 3.5 Flash · paraphrase prompt · soft negative
“it is usually positioned more as an all-in-one platform than the cheapest option” Perplexity Sonar · budget prompt · soft negative
“Airwallex is the best all‑in‑one choice for mid‑market B2B companies needing multi‑currency accounts, multi‑entity control, and broad local payout coverage.” GLM 4.7 FlashX · direct prompt · first choice
“Two platforms stand out as the absolute best budget-friendly cross-border payment solutions ... Wise Business and Airwallex.” Gemini 3.5 Flash · budget prompt · first choice
“Start with Airwallex if you're growing cross-border ops needing full-stack tools, or Wise for simple, cheap transfers.” Grok 4.1 Fast · direct prompt · first choice

What the models said about Thunes

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Three of four in this category shown.

“Thunes: Best overall for global B2B payouts at scale, covering 140+ countries and 90 currencies.” Mistral Small · comparative prompt · first choice
“Thunes is considered the best overall for global B2B payouts” Mistral Small · direct prompt · first choice
“Thunes (Best for Enterprise & Infrastructure)” Qwen 3.7 Flash · comparative prompt · first choice
Also compared

Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.