Announced
Completed
Synopsis
Coatue led a $190m Series B round in CloudWalk, a São Paulo-based payment technology network, with participation from DST Global, FIS, The Hive Brazil and Valor Capital. "We are thrilled to have achieved the largest ever Series B financing round for a Brazil-based company and believe it demonstrates the exciting opportunity CloudWalk has ahead. Our cutting-edge payment network, built from the ground up on modern technology stacks and blockchain, focuses on disrupting the payment ecosystem for small-and-medium enterprise merchants and their customers. This commitment from a variety of investors, recognizes CloudWalk’s strong momentum since its inception, and will be used to accelerate the Company’s domestic presence in Brazil. The vision of creating a global payment network is what drives us – today’s announcement represents but the first step in our ability to achieve our mission," Luis Silva, CloudWalk Founder and CEO.
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