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FT Partners Advises CloudWalk on its $190,000,000 Series B Financing Led by Coatue

Overview of Transaction

  • On May 11, 2021, CloudWalk announced that it had raised $190 million of capital in its Series B financing
  • The investment was led by Coatue Management with participation from DST Global as well as existing investors FIS, The Hive Brazil and Valor Capital
  • Headquartered in São Paulo, Brazil, CloudWalk is a cutting-edge global payment network built from the ground up on modern technology stacks, focused on disrupting the payments ecosystem for small-and-medium enterprise merchants and their customers
  • CloudWalk provides merchant acquiring services, data processing services, and sells Point-of-Sale solutions to the company’s ~70,000 active merchants located in 3,300+ cities and towns across the country

Significance of Transaction

  • The $190 million raised is the largest ever Series B financing for a company headquartered in Brazil (1)
  • This commitment from a variety of investors recognizes CloudWalk’s strong momentum since its inception, and will be used to continue accelerating the company’s domestic presence in Brazil

FT Partners' Role

  • FT Partners served as the exclusive financial and strategic advisor to CloudWalk
  • This transaction highlights FT Partners’ deep domain expertise in the Payments sector, as well as its successful track record generating highly favorable outcomes for high-growth, Brazilian FinTech companies

1) PitchBook Data