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Announced

Completed

Coatue led a $190m Series B round in CloudWalk.

Financials

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Transaction Value£134m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Single Bidder

Friendly

Private

Payments / Commerce

Cross Border

Brazil

Private Equity

Acquisition

Venture Capital

payment technology

Completed

Synopsis

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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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