QI Tech, founded in 2018, recently secured an additional $63 million in financing as part of its Series B round. The funding was led by General Atlantic, the same investor that provided a previous injection of $200 million earlier this year.
This capital infusion will be allocated for product development, potential acquisitions, and infrastructure improvements. Across Capital has once again participated in the round, marking its fourth investment in QI Tech.
QI Tech operates a regulatory-compliant financial platform that integrates banking, payments, investments, and insurance services via APIs. The company holds a full banking license from the Brazilian Central Bank and provides technology solutions to support other financial institutions and non-financial enterprises offering embedded finance.
Growth Strategy and Acquisitions
In recent years, QI Tech has grown its capabilities through strategic acquisitions. In 2021, it acquired Zaig, a fraud prevention and credit analysis company, followed by the addition of Singulare in 2023, which is a brokerage and fund custodian. The purchase of Builders Bank, a white-label banking platform, further solidified its position within Brazil’s investment fund segment.
According to an Anbima ranking from July 2025, QI Tech is currently the largest custodian of FIDCs with $17 billion in assets under custody and total assets under management across all fund types amounting to $25 billion.
The company processes over 20 million anti-fraud transactions monthly and screens approximately $13 million in potential fraudulent activity. Its user verification systems have processed more than 90 million registrations to date.
QI Tech aims to use the additional funding to support its long-term objectives, including acquisitions and expanding its infrastructure offerings with a focus on reliability, compliance, and scalability.
Additionally, QI Tech is expanding its product line. It recently launched an insurance-as-a-service product, issuing over $27 million in premiums within six months. This figure surpasses the combined total issued by all insurance technology companies participating in SUSEP’s regulatory sandbox program.
The firm is also developing a foreign exchange platform that will enable clients to execute international transactions digitally, aiming to bypass conventional SWIFT-based channels and streamline cross-border payments in Brazil.
