CloudWalk offers a payment network infrastructure powered by AI and blockchain to provide businesses with more equitable economic terms and faster fund settlement. Its platforms, JIM for the US and InfinitePay for Brazil, leverage the STRATUS blockchain to enhance payment processing and customer engagement for merchants.
Funding
$444M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional payment networks often fail to pass on the benefits of price competition between financial institutions to merchants, leading to suboptimal economic outcomes for sellers. This disconnect hinders the ability of businesses to leverage efficient payment processing for growth and profitability.
Solution
CloudWalk provides a payment network infrastructure built on AI and blockchain technology, designed to offer more equitable economic terms for businesses. The platform aims to democratize financial services by enabling sellers to access advanced payment solutions and receive funds with enhanced speed. Through a focus on customer engagement and competitive pricing, CloudWalk seeks to redefine how merchants manage transactions and optimize their revenue streams. The company's core offerings include the JIM platform for instant payments in the US and InfinitePay for Brazilian businesses, both underpinned by the STRATUS blockchain.
Target Audience
The primary target audience includes merchants and businesses, particularly small to medium-sized enterprises in the US and Brazil, seeking efficient and cost-effective payment processing solutions. Developers and financial institutions can also leverage the STRATUS blockchain for building next-generation financial applications.
Features
- STRATUS blockchain: A high-performance, open-source blockchain designed for global payment networks, capable of processing up to 1,800 transactions per second (TPS).
- EVM Compatibility: Enables smart contract creation and execution, facilitating advanced financial transactions and custom financial behaviors.
- Permissioned Blockchain: Utilizes a validator node structure with trusted institutions to ensure security and facilitate scalability through sharding and multi-raft consensus.
- Layered Architecture: Employs JSON-RPC for communication and RocksDB for optimized data storage.
- JIM Platform: Offers instant payment processing and an AI assistant for sellers in the US market.
- InfinitePay Platform: Provides a financial platform for businesses in Brazil, democratizing access to payment products.
- AI Integration: Leverages artificial intelligence to enhance payment processing and provide business insights.