Blue Owl Capital led a $120m funding round in CloudPay.

Blue Owl Capital, a private equity firm, led a $120m funding round in CloudPay, a provider of global payroll and payment solutions, with participation from Rho Capital Partners, The Olayan Group and Hollyport Capital. "Global payroll is a growing market providing tremendous opportunities for CloudPay and this funding gives us the flexibility to accelerate our journey. Our focus on payroll and payment offerings resonates very well with our esteemed global clientele. With the support of Blue Owl Capital, we are strengthening our capital base while continuing to invest in our state-of-the-art solutions for global organizations and their employees worldwide," Roland Folz, CloudPay CEO.