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.