CloudWalk, owner of InfinitePay, raises R$ 2.7 billion in the highest FIDC in its history

CloudWalk, owner of financial services platform InfinitePay, has just raised the highest FIDC in its history.At the value of R$ 2.7 billion, the fund will be used to finance the anticipation of credit card receivables.The goal of the fundraising is to support the rapid growth of InfinitePay's customer base, which jumped from 1 million in 2023 to 3 million at the end of 2024. 

Over the past year, CloudWalk has tripled its customer base, driven by the launch of a range of products and services aimed at micro, small and medium-sized businesses”, said Pablo de Mello, COO of CloudWalk. 

Among the highlights are the Tap to Pay technology, which turns smartphones into payment machines, and the InfiniteNitro tool, which allows the customer to receive in a few seconds the value of sales made on the card.InfinitePay also offers in its ecosystem digital account with income, card, loans, tools for creating online store and collection management.

Pablo recalls that in 2019, when it was launched, InfinitePay brought a new model of anticipation of receivables, with payment the day after purchase and with better rates than those practiced by the market. “In five years, we have evolved into a robust financial services platform that allows our client to access resources faster, directly impacting cash flow, and consequently, helping these micro and small companies to thrive.”

High demand

The operation, one of the largest of the year in the financial market, had a demand above supply, with 16 institutions that purchased the quotas, including Assets and Family Offices, distributed in 85 investment vehicles. Itau BBA was the lead coordinator of FIDC, coordinating the operation together with Bradesco BBI, BTG, BB-Banco de Investimentos and Banco Safra. The new fund has a term of three years and was structured in conjunction with BTG Asset, which also acts as manager of FIDC.

In total, fintech has raised nine FIDCs since 2021, with quotas totaling R$ 7.7 billion.In May of this year, it had already raised R$ 1.6 billion in four funds, which also had a much higher supply than demand. 

“Once again, we were delighted to have gathered a group of top-tier financial institutions.In a challenging and competitive scenario, we again had an overbook on the operation.It is an important sign that the market recognizes the financial and operational robustness of CloudWalk”, says the COO. 

CloudWalk today has US$ 500 million annualized recurring revenue (ARR). Since 2019, fintech has in Brazil the InfinitePay platform, present in 100% of Brazilian municipalities.In the United States, it debuted in 2024 with the Jim.com payment application, which offers micro and small American entrepreneurs the possibility of receiving instant payments on the smartphone.