Fitch Rates CloudWalk Brazil AA-(bra) with Positive Outlook

Fitch Ratings has assigned its first-ever rating to CloudWalk, the technology company behind the financial services platforms InfinitePay in Brazil and JIM.com in the United States. The agency awarded a Long-Term National Rating of ‘AA-(bra)’ with a Positive Outlook to the company’s Brazilian operations. In its report, Fitch highlighted CloudWalk’s rapid growth, serving more than 5 million entrepreneurs across all Brazilian cities, as well as the strength of its funding strategy. The agency also highlighted...

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