Prince Alexander von Fürstenberg

China’s Interim Measures for the Management of Generative AI Services: A Comparison Between the Final and Draft Versions of the Text

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Tuesday, April 23, 2024
Online, Progressivism, Algorithm, Sale, NDRC, Most, Address, MIIT, Media, Public, CASS, Risk, Taobao, Information technology, Prince Alexander von Fürstenberg, Software, SenseTime, Outline, Hallucination, Future, Interim, Ministry, Baidu, RNZ National, University School, FPF, Organization, Comparison, Cyberspace Administration of China, Final, Coordinate system, Internet, Data, Research, Blog, WeChat, News, University, AI, Introduction, Regulation, Ambiguity, Computer security, API, ChatGPT, Development, Television, Assignment, Multilateralism, CAC, Lung compliance, Public opinion, Government, Generative, Social science, Chapter Four, Medical device

Authors: Yirong Sun and Jingxian Zeng Edited by Josh Lee Kok Thong (FPF) and Sakshi Shivhare (FPF) The following is a guest post to the FPF blog by Yirong Sun, research fellow at the New York University School of Law Guarini Institute for Global Legal Studies at NYU School of Law: Global Law & Tech [?]

Key Points: 


Authors: Yirong Sun and Jingxian Zeng Edited by Josh Lee Kok Thong (FPF) and Sakshi Shivhare (FPF) The following is a guest post to the FPF blog by Yirong Sun, research fellow at the New York University School of Law Guarini Institute for Global Legal Studies at NYU School of Law: Global Law & Tech [?]

Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch

Retrieved on: 
Thursday, March 7, 2024
Instant payment, POS, AI, IOS, Growth, Prince Alexander von Fürstenberg, SAO, City, Smartphone, Android, Luigi, Instant, Artificial intelligence

Amidst a challenging macro environment for startups, the Brazilian unicorn reported a net income of $22.3 million, with its revenue run rate approaching $400 million.

Key Points: 
  • Amidst a challenging macro environment for startups, the Brazilian unicorn reported a net income of $22.3 million, with its revenue run rate approaching $400 million.
  • "As the first Brazilian company to offer tap-to-pay on both iOS and Android devices, we quickly became the market leader.
  • "In 2023, our clients saved over $150 million without needing to purchase a POS machine for card payments."
  • Furthermore, CloudWalk has plans to launch the same solution in the South East Asia and Middle East markets.

InfinitePay Now Offers Tap to Pay on iPhone for Brazilian Customers to Accept Contactless Payments

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Tuesday, September 19, 2023
IPhone, XS, Apple Pay, Prince Alexander von Fürstenberg, Apple Watch, IOS, App Store (iOS/iPadOS), NFC, PIN, Apple, SAO, IPhone XS, Mobile phone, ABEC scale

SAO PAULO, Sept. 19, 2023 /PRNewswire/ -- Today, InfinitePay, a payment platform owned by the Brazilian fintech CloudWalk, has enabled its Brazilian customers to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone.

Key Points: 
  • An easy, secure, and private way to accept contactless payments with only an iPhone, no additional hardware needed
    SAO PAULO, Sept. 19, 2023 /PRNewswire/ -- Today, InfinitePay, a payment platform owned by the Brazilian fintech CloudWalk, has enabled its Brazilian customers to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone .
  • Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the InfinitePay iOS app — no additional hardware or payment terminal needed.
  • Apple's Tap to Pay on iPhone contactless payment acceptance technology uses the built-in features of iPhone to keep the businesses' and customers' data private and secure.
  • Tap to Pay on iPhone enables InfinitePay customers to use a payment solution that is easy to set up and use.

Brazilian Fintech CloudWalk Reports Revenue of $153.3 million and $13.2 million in Profits in H1 2023, Driven by Growth of its "Tap to Pay" Solution

Retrieved on: 
Monday, September 11, 2023
Digital, Smartphone, Prince Alexander von Fürstenberg, SuperCobra, ABEC scale, ARR, Mastercard, Artificial intelligence, Growth, Environment, Mobile phone

Rapid growth in H1 2023 reflects the high adoption of InfiniteTap, the "Tap to Pay" solution transforming smartphones into payment terminals.

Key Points: 
  • Rapid growth in H1 2023 reflects the high adoption of InfiniteTap, the "Tap to Pay" solution transforming smartphones into payment terminals.
  • "This is a milestone not only for CloudWalk, but for Brazilian fintechs on a global scale.
  • "Since the inception of CloudWalk, our mission has been to make life easier for small and medium-sized entrepreneurs through technology.
  • This is consistently demonstrated by our positive results and validates the consistency of our growth," says Silva.

Brazilian Fintech CloudWalk Surpasses US$ 100 million ARR and Reaches Centaur Status

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Thursday, May 4, 2023
Technology, Mobile, Wireless, Payments, Fintech, Banking, Professional Services, Small Business, Digital Cash Management, Digital Assets, Cryptocurrency, Central Bank of Brazil, Instability, Policy, Multimedia, History, Centaur, Pain, Entrepreneurship, ARR, Chemical oxygen demand, ESG, Management, Bank, Prince Alexander von Fürstenberg

With annualized revenue in March of US$ 138 million, CloudWalk reached Centaur status, the group of companies with annual recurring revenues (ARR) exceeding US$ 100 million.

Key Points: 
  • With annualized revenue in March of US$ 138 million, CloudWalk reached Centaur status, the group of companies with annual recurring revenues (ARR) exceeding US$ 100 million.
  • The figures reflect the fintech’s solid expansion which, in addition to the InfinitePay card machine, offers a range of financial products to over one million clients.
  • Bucking this trend, CloudWalk continues to hire and has recently reached the milestone of 500 employees spread across more than 16 countries.
  • Since the last funding round in 2021, when the fintech was valued at US$ 2.15 billion, revenue has grown more than fivefold.