Cloudwalk Raises Us$150 Million In Series C Financing Round Led By Coatue
11/17/21, 1:00 PM
Location
são pauloMoney raised
$150 million
Round Type
series c
CloudWalk (the “Company”), the São Paulo-based payment technology network, today announced that it has raised US$150 million in Series C funding led by Coatue, with participation from DST Global, A-Star, The Hive Brazil, Plug and Play Ventures, Valor Capital Group, angel investor Gokul Rajaram and American football players Larry Fitzgerald and Kelvin Beachum. Financial Technology Partners (FT Partners) acted as CloudWalk’s exclusive strategic and financial advisor in this transaction. This financing round brings the Company’s total capital raised to US$365 million and implies a post-money valuation of US$2.15 billion.
Company Info
Location
são paulo, pará, brazil
Additional Info
Headquartered in São Paulo, Brazil, CloudWalk is a global payments company born with the mission to revolutionize the payment ecosystem for small and medium business merchants and their customers through the most innovative technologies such as artificial intelligence and blockchain. CloudWalk provides payment acquiring services to 150,000 active merchants across more than 4,300 cities and towns across the country. To learn more, visit cloudwalk.io.