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.
