CloudWalk, one of the fastest-growing global fintechs and the company behind InfinitePay and Jim.com, has claimed the top spot in Brazil’s Open Finance rankings, surpassing major banks and fintechs with a 19.5% share of all business account data-sharing consents a 97% increase since May, according to consulting firm Bip. Launched in 2020 by the Brazilian Central Bank, Open Finance is now one of the world’s most ambitious financial data-sharing ecosystems, covering banking, investments, insurance, and foreign exchange, with 91 million active authorizations as of June 2025. CloudWalk’s growth has been driven by InfinitePay, its AI-powered platform serving over 5 million small and micro entrepreneurs. “Open Finance represents a structural shift in Brazil’s financial market. It gives customers back control of their own data, enabling us to offer solutions more aligned with each business’s reality with greater speed and better terms while leveling the playing field with traditional institutions,” says Fabrício Costa, CloudWalk’s Financial Services Director.
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InfinitePay’s success is anchored in innovations like Smart Credit, an AI-driven tool that evaluates over 8,000 data points, from real-time sales to social media sentiment, combined with Open Finance data, to generate personalized credit scores and enable instant, flexible credit approvals. Additionally, its automatic fee reduction feature uses AI and Open Finance insights to adjust transaction fees based on revenue, seasonality, business segment, and client history, saving customers USD 41 million (R$ 222 million) so far, with projected savings of USD 73 million (R$ 396 million) by next year. Costa adds, “Open Finance is a pillar of our strategy to expand access to high-quality financial services in Brazil. Our leadership confirms that we are delivering real value combining AI, customer focus, and technology to build sustainable growth and competitive advantage.” These initiatives highlight CloudWalk’s ability to translate technology and data into tangible financial benefits, reinforcing its leadership in Brazil’s Open Finance ecosystem.