Cloudwalk Announces Us$190M Series B Financing Round Led By Coatue
PRIVATEMay 11, 2021
Amount Raised
$190 Million
Round Type
Series B
Sao PauloOtherInformation TechnologyFinancial ServicesSoftwareCommerce And ShoppingPayments
Investors
DST Global
Description
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.
Company Information
Company
Cloud Walk
Location
Sao Paulo, Sao Paulo, Brazil
About
Headquartered in São Paulo, Brazil, CloudWalk is a cutting-edge global payment network built from the ground up on modern technology stacks and blockchain, focused on disrupting the payments ecosystem for small-and-medium enterprise merchants and their customers. CloudWalk provides merchant acquiring services to the Company’s ~70,000 active merchants located in 3,300+ cities and towns across the country. To learn more, visit CloudWalk.io.
Fundz sees it the moment Cloud Walk raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.