CloudWalk , a Brazilian FinTech pioneer and creator of the InfinitePay brand , has announced that it achieved total revenue of US $ 320.5 million in 2023 , a 41 % increase year-over-year . Amidst a challenging macro environment for startups , the Brazilian unicorn reported a net income of US $ 22.3 million , with its revenue run rate approaching US $ 400 million . In January 2024 , CloudWalk announced its expansion to the US with an app called Jim . com , which allows merchants to instantly process and receive payments via smartphones .

BNPL payments in Germany are expected to grow by 14.4 % on an annual basis to reach US $ 70.07 billion in 2024 . The medium to long-term growth story of the BNPL industry in Germany remains strong . BNPL payment adoption is expected to grow steadily over the forecast period , recording a CAGR of 9.3 % during 2024 – 2029 according to the ‘ Germany Buy Now Pay Later Business and Investment Opportunities Databook – 75 + KPIs on BNPL Market Size , End-Use Sectors , Market Share , Product Analysis , Business Model , Demographics – Q1 2024 Update ’.

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