CloudWalk (company)
| Company type | Private limited company |
|---|---|
| Founded | 2013 |
| Founder | Luis Silva |
| Headquarters | , |
Area served | Brazil and the United States |
| Products |
|
| Brands | InfinitePay, Jim.com |
| Revenue | R$ 2.7 billion (2024) |
Number of employees | 600 (2025) |
| Website | cloudwalk |
CloudWalk is a Brazilian financial technology company based in São Paulo. It is considered a unicorn. The company operates primarily in Brazil through the financial services platform InfinitePay, launched in 2019, and internationally through the payment app JIM.com, aimed at the North American market.[1][2]
As of 2025, CloudWalk had US$1.2 billion in annualized revenue and US$128 million in annualized net income.[2] In the first half of 2025, the company generated US$404 million in net revenue and US$39 million in net income.[3] The revenue per employee jumped from $796,000 in July 2024 to $1.7 million in July 2025, almost doubling in a single year, up from $40,000 per employee in 2020.[4][5][6]
History
CloudWalk was founded in 2013 by Luis Silva at the height of the so-called "machine war". In 2019, it launched its main platform in Brazil, InfinitePay.[7][8]
In November 2021, CloudWalk raised US$150 million in a Series C funding round led by Coatue Management, with participation from DST Global, A-Star Capital, The Hive Brazil, Plug and Play Tech Center, Valor Capital Group, and angel investors Gokul Rajaram, Larry Fitzgerald, and Kelvin Beachum. The round increased the company’s valuation to US$2.15 billion.[9] Its main venture capital investors include Coatue, DST Global, and Valor Capital.[10]
In 2023, the company was Apple’s first chosen partner in Brazil for the launch of Tap to Pay on iPhone. The company’s international expansion began in 2024 with the launch of the JIM.com brand in the United States, focused on entrepreneurs in cities such as New York, Austin, and San Francisco.
Operations and products
CloudWalk has developed an ecosystem of financial solutions. Its main platform, InfinitePay, includes a digital account, credit card, e-commerce tools, payment links, billing management, and credit provision for small and medium-sized businesses.[3] The company uses its own digital security system based on artificial intelligence and machine learning. In 2025, it received the Fraud Prevention Seal from the National Confederation of Financial Institutions (CNF).[1][11]
Regulation
The company operates under the Central Bank of Brazil's regulations and holds a payment institution license issued in 2022. In 2025, it received authorization to operate as a Credit, Finance, and Investment Company (SCFI).
Recognition
In 2025, it was included in Bloomberg Línea’s list of “10 Brazilian startups to watch.” The previous year, the company was listed by CB Insights among the 250 most promising fintechs in the world, recognized by Forbes Brasil as one of the most innovative startups in the country, and won the Mastercard Excellence Program award.
Its founder and CEO, Luis Silva, has also received individual recognition. In 2024, he was named by Bloomberg Línea to its lists of the “500 Most Influential People in Latin America” and the “100 Most Innovative in Latin America.”[13]
References
- ^ a b "CloudWalk Leads Brazil's Open Finance Revolution, Driving AI-Powered Financial Access for Entrepreneurs". Financial IT. Retrieved 2025-12-03.
- ^ a b "Unicórnios brasileiros: como a CloudWalk conquistou o mercado nacional de pagamentos e agora mira os EUA". Época NEGÓCIOS (in Brazilian Portuguese). 2024-02-27. Retrieved 2025-12-03.
- ^ a b "CloudWalk, dona da InfinitePay, obtém licença de financeira e deve fortalecer operação de crédito". Valor Econômico (in Brazilian Portuguese). 2025-06-04. Retrieved 2025-12-03.
- ^ "Brazil Payments Unicorn Triples Profit Touting AI Deployment". Bloomberg.com. Archived from the original on 2025-02-05. Retrieved 2025-12-03.
- ^ "InfinitePay, da CloudWalk, usa IA e evita perder R$ 10 bilhões com fraudes em apenas um ano". Época NEGÓCIOS (in Brazilian Portuguese). 2024-09-02. Retrieved 2025-12-03.
- ^ Shen, Lucinda (2025-04-28). "CloudWalk eyes $1 billion revenue mark". Axios. Retrieved 2025-12-03.
- ^ "Brazil Startup Is Taking Payments Tech to US With Sights on Mars". Bloomberg.com. Archived from the original on 2024-01-18. Retrieved 2025-12-03.
- ^ "Solução que transforma celular em maquininha da InfinitePay chega em 100% das cidades". Valor Investe (in Brazilian Portuguese). 2024-01-17. Retrieved 2025-12-03.
- ^ "Brazil's CloudWalk valued at $2.15 bln after Coatue-led investment". Reuters. Archived from the original on 2025-03-18. Retrieved 2025-12-03.
- ^ Samor, Natalia Viri e Geraldo (2019-06-13). "EXCLUSIVO: Na guerra das maquininhas, a InfinitePay quer ser a bomba nuclear". Brazil Journal (in Brazilian Portuguese). Retrieved 2025-12-03.
- ^ Contxto (2024-03-07). "Brazilian Fintech CloudWalk Announces $320.5 Million Revenue, Plans U.S. Expansion with Cutting-Edge Payment Solutions". Retrieved 2025-12-03.