CloudWalk Earns Fraud Prevention Certification from Brazil’s National Confederation of Financial Institutions
CloudWalk, the financial technology company behind InfinitePay and Jim.com, has been awarded the Fraud Prevention Certification by the Brazilian National Confederation of Financial Institutions (CNF). The certification recognizes institutions that adopt best practices for detecting, preventing, and raising awareness around fraud — a proactive industry standard for ensuring operational integrity.
CloudWalk Launches JIM on InfinitePay: an Intelligent Assistant That Acts as an "Extra Employee" for Brazilian Entrepreneurs
"I have a product that’s stuck in inventory. Help me sell it." Imagine an entrepreneur, whether a solo seller or store owner, being able to rely 24 hours a day, 7 days a week, on a consultant always available to solve this type of issue. In addition to offering practical and immediate tips, this consultant personalizes marketing campaigns, adjusts prices, reviews contracts, manages sales and financial transactions – all adapted to each entrepreneur's profile, even in language and accent.
Brazilian Fintech CloudWalk Surpasses US$ 100 million ARR and Reaches Centaur Status
CloudWalk, the Brazilian fintech which provides payment solutions for small and medium-sized businesses, posted impressive gains in product growth, revenue, and profitability in the first quarter of 2023, reaching an important milestone in its history. With annualized revenue in March of US$ 138 million, CloudWalk reached Centaur status, the group of companies with annual recurring revenues (ARR) exceeding US$ 100 million.
CloudWalk Raises US$150 Million in Series C Financing Round Led by Coatue
CloudWalk (the “Company”), the São Paulo-based payment technology network, today announced that it has raised US$150 million in Series C funding led by Coatue, with participation from DST Global, A-Star, The Hive Brazil, Plug and Play Ventures, Valor Capital Group, angel investor Gokul Rajaram and American football players Larry Fitzgerald and Kelvin Beachum. Financial Technology Partners (FT Partners) acted as CloudWalk’s exclusive strategic and financial advisor in this transaction. This financing round brings the Company’s total capital raised to US$365 million and implies a post-money valuation of US$2.15 billion.
CloudWalk Announces US$190M Series B Financing Round Led by Coatue
CloudWalk (the “Company”), the São Paulo-based payment technology network, today announced that it has raised US$190 million in Series B funding led by Coatue, with participation from DST Global and existing investors such as FIS, The Hive Brazil and Valor Capital. Today’s announcement brings the Company’s total capital raised to US$206 million.
