CloudWalk raises $313M to finance anticipation of receivables

Por /

Brazilian fintech CloudWalk, owner of InfinitePay, raised $313M through four FIDC funds structured by Itaú BBA.

CloudWalk will use the funds to amplify the offer of receivables anticipation to SMBs.

“Receivables anticipation is a crucial instrument to ensure good cash flow management, which is one of our customers’ biggest pains. With the anticipation of receivables, a business can access resources more quickly, providing greater liquidity to cover operational expenses,” said Pablo de Mello, CloudWalk’s COO.

CloudWalk, through InfinitePay, offers comprehensive solutions to receive and make payments, offering services like tap to pay, payment accounts, POS terminals, and credit and debit cards.

Founded in 2013, CloudWalk is present in 100% of cities in Brazil, has a client base of 1.5M customers, and an ARR of $500M.

Read more on Startupi and Exame

Matheus is a lawyer and a strategy consultant in Brazil. He has always been passionate about crating impact, be it through law, projects, deals, or innovation: he’s practiced Law as an attorney at Baker McKenzie, worked as an experienced hire consultant at McKinsey & Company and helped on the development of an early-stage startup.

You May Also Like

Scroll al inicio