Brazilian fintech QI Tech raised $63Mn in a Series B extension. The round was led by General Atlantic. This funding comes after QI Tech achieved unicorn status in 2024.
Founded in São Paulo, QI Tech operates a full-stack financial infrastructure platform offering regulatory and technology solutions for embedded finance. Its platform covers the entire credit cycle from customer onboarding and rule engines to transactional fraud prevention.
QI Tech recently entered the insurance market with an Insurance-as-a-Service product and has issued over $30M in premiums over the past six months. It is also building an automated infrastructure for fast and secure international currency exchange.
The capital will support strategic acquisitions and accelerate the development of new technologies aimed at modernizing Brazil’s financial ecosystem.
QI Tech serves more than 400 enterprise clients, including major tech players such as 99, Shopee, and QuintoAndar.
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