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New Deal


Announced

Completed

Coatue led a $150m Series C round in CloudWalk.

Financials

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Transaction Value£111m
Consideration TypeCash
Capital Owned-
Capital Bid For14%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Payments / Commerce

payment technology

Brazil

Single Bidder

Venture Capital

Cross Border

Private

Private Equity

Acquisition

Minority

Friendly

fintech

Synopsis

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Coatue led a $150m Series C round in CloudWalk. Additional investors included DST Global, A-Star, The Hive Brazil, Plug and Play Ventures, Valor Capital Group, Gokul Rajaram, Larry Fitzgerald and Kelvin Beachum. "With this additional capital, we will be well-positioned to continue creating products that make our customers’ lives easier. As the global payments market rapidly evolves, we believe that blockchain will soon become the dominant source for all future payment processes. This investment represents confidence in our ability to meet customers’ unique and evolving needs with our current portfolio, while also providing flexibility to drive further growth by deploying capital to hire exceptional talent, fund product innovation and drive increased research and development. We are excited to continue scaling our next-generation payments platform that will continue to drive low fees for merchants and offer world-class customer service," Luis Silva, CloudWalk Founder and CEO.

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