CloudWalk company profile: valuation, funding & revenue

This CloudWalk company profile covers the company's valuation, revenue, funding rounds, investors and history. CloudWalk works in fintech, with a focus on payments and banking for small businesses. It was founded in 2013 and is headquartered in São Paulo, Brazil. Its latest valuation on record is US$2.15 billion (November 2021). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

US$990 million, up 104% (FX-neutral); net income of US$110 million — Annual revenue and net income, 2025 (company-reported), as of FY2025. Source: Yahoo Finance (Business Wire).

Funding history

CloudWalk timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2013 — CloudWalk is founded in São Paulo by Luis Silva (CEO).
• Nov 2021 — Series C: US$150M, valuing the company at US$2.15B. Investors: Coatue (lead); DST Global, Valor Capital Group, A-Star Capital, The Hive Brazil, Plug and Play.
• December 2025 — Run rate: Annualised revenue above US$1.3 billion in December 2025.
• 2025 — Revenue per employee: About US$1.8 million in 2025.

Investors

Overview

CloudWalk is a Brazilian fintech whose main brand, InfinitePay, provides payments and banking to small businesses and self-employed workers. Merchants use InfinitePay to accept card payments with card readers or simply with their smartphone (tap to pay), receive Pix instant payments, get a digital account, sell online and access credit. CloudWalk has expanded into the United States with JIM, a payments app for entrepreneurs. It is known for its heavy use of artificial intelligence across the business and for being profitable while growing fast.

Luis Silva founded CloudWalk in 2013 and is its CEO. The company is based in São Paulo, though it has a lean, distributed team of a few hundred people. InfinitePay launched in 2019 and grew rapidly by offering lower fees than incumbents and faster settlement of payments to merchants.

Products

• Card acceptance: card readers and "InfiniteTap", which turns a smartphone into a payment terminal.
• Pix: acceptance of Brazil's instant payment system, which has rapidly become one of the most used payment methods in the country.
• Digital account and cards: business banking for small merchants.
• Credit: loans to merchants based on their sales data; CloudWalk received authorisation in 2025 to operate as a credit, finance and investment company.
• JIM: a payments app launched in the US in 2024, aimed at entrepreneurs.

Revenue and profitability

CloudWalk reported US$990 million in revenue for 2025, up 104% on a currency-neutral basis, and US$110 million in net income, up 90%. Its annualised revenue run rate passed US$1.3 billion in December 2025, and the company said in 2026 that its run rate had continued to rise. It also highlights revenue of about US$1.8 million per employee, an extraordinary figure that reflects its automation and small headcount. It funds lending in part through Brazilian receivables funds (FIDCs).

Funding and valuation

CloudWalk raised a US$150 million Series C in November 2021 led by Coatue, with DST Global, Valor Capital Group, A-Star Capital, The Hive Brazil and Plug and Play, at a US$2.15 billion valuation. Since then it has grown mostly from its own profits and debt funding for credit. Given its revenue and profit growth, any new valuation would likely be well above the 2021 figure, but we haven't seen a newer priced round, so we keep the last confirmed valuation.

AI at the core

CloudWalk describes itself as an AI-first company. It uses AI for credit decisions, fraud prevention, customer service and internal operations, and says it runs Latin America's largest AI computing cluster for financial services, processing tens of billions of tokens a day. That emphasis supports its very lean team and high revenue per employee. Whether that efficiency can be sustained as it grows into new markets and products is a key question for its future.

Competition

CloudWalk competes with Brazil's large payment providers, including Stone and PagSeguro (PagBank), bank-owned acquirers such as Cielo and Rede, Mercado Pago, and fintechs offering accounts and credit to small businesses. Brazil's merchant acquiring market is intensely competitive, with frequent price wars. CloudWalk's advantages are low costs, fast product development and data-driven credit.

CloudWalk at a glance

CloudWalk is a São Paulo fintech founded in 2013 by Luis Silva, operating InfinitePay in Brazil and JIM in the US. It reported 2025 revenue of US$990 million, up 104%, and net income of US$110 million, with an annualised run rate above US$1.3 billion at year-end. It raised a US$150 million Series C at a US$2.15 billion valuation in 2021, led by Coatue.

Brazil's payments revolution

Brazil has become one of the world's most dynamic payment markets. Pix, launched by the central bank in 2020, lets people and businesses transfer money instantly at little or no cost, and it was adopted by most of the adult population within a few years. Card acceptance also opened up as regulators broke up exclusive arrangements between card networks and acquirers. Together, these changes lowered barriers for new players and squeezed traditional fees, creating room for efficient challengers like CloudWalk to win millions of small merchants.

Expanding to the United States

CloudWalk's JIM targets small businesses and entrepreneurs in US cities, a very different and more crowded market than Brazil, dominated by Square, Stripe, PayPal and banks. Few Brazilian fintechs have succeeded in the US. CloudWalk is betting that its AI-driven cost structure and product speed can stand out. The US business is small relative to Brazil, so early results will matter more for strategy than for revenue.

Questions for merchants

• What are total fees for cards and Pix, and how fast are funds settled?
• Can you accept payments on your phone without extra hardware?
• What credit is available, and on what terms?

Why profitability changes the funding picture

Most fintechs that raised money in 2021 spent the following years cutting costs and searching for profitability, often accepting lower valuations in later rounds. CloudWalk took a different path: by keeping its team small and automating heavily, it reached profitability while still doubling revenue. That gives it unusual freedom. It doesn't need to raise equity on investors' terms, it can fund growth from earnings and debt secured against receivables, and it can choose the timing of any future funding round or listing. For Brazilian fintechs, where high interest rates make capital expensive, that independence is a significant competitive advantage.

Profitability also affects how a company is valued. Investors usually pay more for growth that is self-funding, because there is less risk of dilution and less dependence on capital markets. If CloudWalk were to raise money or list, its combination of growth and profit would be compared with larger listed Brazilian payment companies, many of which grow far more slowly.

Latest developments (October 2026)

CloudWalk, which runs the InfinitePay payments app in Brazil, has continued to finance its rapid growth through receivables funds (FIDCs) rather than new equity. Bloomberg Línea reported a record R$4.2 billion FIDC and said the company had structured 11 such funds since 2021, totalling R$14.7 billion, according to Bloomberg Línea. InfinitePay's active merchant base reportedly more than doubled in 2025 to about 6.3 million. No new equity valuation has been disclosed since 2021.

What to watch

Watch revenue and profit growth, credit quality, US progress with JIM, any new funding or valuation event, and IPO speculation.

Takeaways

Small businesses in Brazil benefit from fierce competition on fees and speed. Founders can study how automation enables profitable growth with a small team. Investors should note how far CloudWalk's results have moved beyond its 2021 valuation. Brazilian lender Creditas shows a different path in the same market.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. Wikipedia
2. Yahoo Finance (Business Wire)