CloudWalk Secures $444M in Funding to Revolutionize Payment Industry in Brazil

We are excited to announce that CloudWalk, Inc. has successfully raised $444 million to further its mission of democratizing the payments industry in Brazil. With a focus on empowering entrepreneurs through technological, innovative, and inclusive solutions, CloudWalk is set to revolutionize the payment ecosystem for small and medium-sized businesses. Established as a high-end global payment network utilizing proprietary blockchain technology, CloudWalk has transformed how over 300,000 businesses across 5,000 Brazilian cities manage their transactions. To date, we have saved our customers more than R$ 1 billion by offering fair fees on our transactions, challenging the outdated models imposed by traditional payment processors. The funding round was supported by esteemed investors, including Valor Capital Group, HIVE Ventures, and Coatue, who recognize the immense opportunity in our expansion strategy. With a total of US$ 365.5 million raised and R$ 3.4 billion in FDICs secured for the anticipation of receivables, this latest investment will propel us to enhance our product offerings, expand our reach, and continue to innovate solutions tailored to the needs of Brazilian entrepreneurs. Moreover, our recognition as the only Brazilian fintech to feature in CB Insights' "The Retail Tech 100," specifically in the category of "Protection Solutions for Payments and Frauds," underscores our commitment to delivering safe and effective financial solutions. As we step into this new phase of growth, we remain dedicated to reshaping the payments landscape in Brazil, ensuring that every entrepreneur has the tools they need to thrive.