CloudWalk Surges in Brazil’s Open Finance Push with 19.5% Market Share via InfinitePay

SÃO PAULO — CloudWalk, a rapidly expanding global financial technology company known for its platforms InfinitePay and Jim.com, has emerged as a leader in Brazil’s Open Finance movement. According to the latest quarterly report by consulting firm Bip, CloudWalk’s InfinitePay platform now holds 19.5% of all business account data-sharing consents in the country—an increase of 97% since May. This achievement places the company ahead of major traditional banks and other fintechs, despite having a smaller corporate customer base. The growth underscores CloudWalk’s strategic focus on leveraging open data standards to expand financial access for small and medium-sized entrepreneurs across Brazil. By enabling secure, consent-based data sharing between businesses and financial institutions, InfinitePay helps companies streamline credit applications, improve cash flow management, and access tailored financial products. CloudWalk’s success in the Open Finance space reflects a broader shift in Brazil’s financial ecosystem, where regulators have pushed for greater transparency and competition. The company’s technology allows businesses to share banking data with third-party providers on their own terms, fostering innovation while maintaining security and compliance. With its strong momentum, CloudWalk is positioning itself as a key enabler of financial inclusion in Latin America. The company continues to expand its platform capabilities, integrating artificial intelligence to deliver smarter, faster, and more personalized financial services. As Brazil’s Open Finance framework matures, CloudWalk’s early leadership suggests it could play a pivotal role in shaping the future of digital finance in the region.