CloudWalk, a Brazilian payments firm known for wanting to put its tech in space, expects around $1 billion in annualized revenue by June, CEO Luis Silva tells Axios on the sidelines of Web Summit Rio.
That's up substantially from $560 million at the end of December. Silva also expects to boost year-end net income to about $100 million from $63 million.
Why it matters: Those results qualify it for any IPO watchlist, but Silva says it has no plans to do so.
