INFOGRAPHIC: Top LatAm Startup Funding — Week 49
- CloudWalk, a Brazilian fintech, raises $444 million to accelerate payment solutions for merchants.
- R2, a Mexican startup, raises $59 million to expand lending tools for tech companies.
- Onze, a Brazilian fintech, secures $20 million to expand corporate pension and financial wellness services.
- Klubi, a Brazilian fintech, raises $7 million to expand digital consortium services in automotive, mobile, and real estate markets
- Teachy, a Brazilian edtech, raises $6.7 million to streamline lesson planning for teachers with AI tools.
CloudWalk raises $444 million to accelerate payment solutions for merchants.
CloudWalk, a leading Brazilian fintech, has raised $444 million in its largest funding round to date. The funding was structured through a Credit Rights Investment Fund (FIDC) by Itaú BBA, with participation from major financial institutions including Bradesco BBI, BTG Pactual, BB Investimentos, and Banco Safra. This round follows a $313 million FDIC raised in May 2024, highlighting the company’s rapid growth.
CloudWalk offers payment solutions for merchants through its InfinitePay platform, providing features like next-day payments and instant payouts. These services enable businesses to access funds quickly, improving cash flow management, especially for merchants in sectors like retail, food services, and e-commerce.
With the new funds, CloudWalk plans to further enhance its offerings by providing faster upfront payments to merchants for their credit card sales. This move aims to help businesses get paid more quickly, streamlining their operations and supporting their financial stability.