Cloudwalk today completed the capture of R $ 3.14 billion through a Credit Rights Investment Fund (FIDC). The values will be destined to anticipate your InfinitePay brand credit card receivables.
The operation was led by Itaú BBA and was accompanied by Banco do Brasil, J. Safra, Bradesco BBI and BTG. According to Cloudwalk, the “Cloudwalk PI” is the largest operation of a FIDC in Brazil by 2025. Quotas will be distributed in 60 vehicles.
“With the new fund, we extend the deadline to five years, taking advantage of the success of previous emissions to improve our fundraising profile. The great benefit of this strategy is to ensure an even more stable and lasting founding,” says Pablo de Mello Financial Technology Company COO.
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Also owner of the brand Jim.com, Cloudwalk ended 2024 with revenue of $ 2.7 billion, growth of 67% in the annual comparison. Line gains have been driven by products launched in the last two years, the company says, including smart credit, time receipt and online payment management.
“At the same time, we continue to observe the significant and accelerated adoption of TAP to Pay, with entrepreneurs replacing the machine with the smartphone, or expanding the ability to meet, through the app on the smartphones of salespeople,” says Mello.
“The practical result is that the infinitepay entrepreneurs base continues to grow exponentially and today already has more than 4 million customers – a number that will surely continue to increase significantly by the end of the year.”
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Net profit in the last year was R $ 339 million, pulled by adherence to artificial intelligence in the operation.
