CloudWalk raises $444M to fund merchant payment advances

CloudWalk raises $444M to fund merchant payment advances

Brazilian fintech CloudWalk raised $444M through a Credit Rights Investment Fund (FIDC) structured by Itaú BBA, with participation from Bradesco BBI, BTG Pactual, BB Investimentos, and Banco Safra. The funding comes 6 months after a $313M FIDC in May 2024 and is the largest in CloudWalk’s history.

CloudWalk provides payment solutions for merchants through its InfinitePay platform, offering features like next-day payments and instant payouts to help businesses access funds quickly and manage cash flow effectively.

Source

https://latamlist.com/cloudwalk-raises-444m-to-fund-merchant-payment-advances/

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