CloudWalk Wins Mastercard Excellence Program Award 2024

São Paulo, December 2024 – CloudWalk, a global financial technology company and the owner of the InfinitePay and Jim.com brands, was one of the winners of the Mastercard Excellence Program Award, hosted by Mastercard Brazil. The fintech secured first place in Tokenization within the Issuer category. The ceremony took place on Tuesday (December 10) in São Paulo.

Now in its sixth edition, the Mastercard Excellence Program Award aims to celebrate the most innovative brands in banking, payments, and financial services. CloudWalk was evaluated by the Excellence Program from April to October 2024.

The fintech, which owns InfinitePay, a financial services platform serving over 3 million customers in Brazil, achieved the highest score across various indicators related to tokenization usage. This recognition highlights the ease, security, and practicality of card usage enabled by the technology. Tokenization allows the creation of free virtual cards to control spending limits, organize expenses, and manage everything securely through the InfinitePay app. In 2023, the company won first place in the "Approval Rate and Fraud - Card Not Present" category.

"We are proud to once again be recognized by Mastercard. This award is proof that our team prioritizes customer experience above all. The card is just one of the many conveniences offered by our digital account, which provides endless possibilities to help our customers grow their money," said Renato Herrmann, Head of Projects at CloudWalk.