QI Tech, a São Paulo, Brazil-based technology infrastructure provider for financial services, has secured an additional $63 million in Series B extension funding.
Investors
The round was led by General Atlantic, with additional participation from Across Capital.
General Atlantic, founded in 1980, is a global investment firm with 45 years of experience. As of March 31, 2025, it manages approximately $108 billion in assets and has supported over 830 companies. The firm partners with entrepreneurs to build innovative, high-growth businesses through its focus on growth equity, as well as strategies in credit, climate, and sustainable infrastructure.
QI Tech Use of Funds
The company will use the funding to accelerate the development of new client solutions, reinforce its market leadership in Brazil’s digital banking transformation, and support strategic acquisition opportunities.
About QI Tech
Founded in 2018 by Pedro Mac Dowell, QI Tech offers API-based solutions tailored to Brazil’s dynamic financial landscape, including embedded finance, insurance-as-a-service, and digital foreign exchange. It enables financial institutions, fintechs, and enterprises to deploy and scale innovative financial products rapidly. QI Tech holds comprehensive regulatory licenses and is recognized as Brazil’s largest FIDC custodian, managing over $25 billion in assets. QI Tech supports over 400 companies, including 99, Shopee, and QuintoAndar.
Funding Details
Company: QI Tech
Raised: $63.0M
Round: Series B Extension
Funding Date: July 2025
Lead Investor: General Atlantic
Additional Investor: Across Capital
Company Website: https://qitech.com.br/
Software Category: Financial Infrastructure / Fintech / Banking-as-a-Service (BaaS)
Source: Phttps://www.prnewswire.com/news-releases/qi-tech-raises-63-million-in-a-series-b-extension-led-by-general-atlantic-and-strengthens-its-position-as-a-leading-financial-infrastructure-platform-in-brazil-302518706.html