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Cloudwalk Announces Us$190M Series B Financing Round Led By Coatue

May 11, 2021•over 4 years ago

Amount Raised

$190 Million

Round Type

series b

Sao PauloPaymentsFinancial ServicesSoftwareCommerce And Shopping

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.

FundzWatch™ Score

67
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech