Brazilian fintech CloudWalk raised $1.1B from institutional investors through a new issuance linked to its FIDC. Bradesco BBI led the offering, with Itaú BBA, BTG Pactual, Safra, UBS BB, and BV participating.
CloudWalk operates InfinitePay, a payments and financial services platform for micro and small businesses. The platform allows merchants to accept payments and access credit, mainly through advances on credit card receivables.
With the funds, CloudWalk will finance receivables for InfinitePay merchants, supporting its strategy to expand access to working capital.
Since 2021, CloudWalk has raised about $4B through similar structures. In 2024, its revenue reached $1.088B, up 104%, while net income rose 90% to $120.4M. Its main fund reported $1.588B in net assets and no delinquency as of March.
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