Announced
Completed
Financials
Tags
Acquisition
Direct Credit Company
Diversified Financials
Brazil
Single Bidder
Completed
Cross Border
Private
Minority
Private Equity
Venture Capital
Friendly
Synopsis
General Atlantic, a growth equity firm, led a $200m Series B round in QI Tech, a direct credit company approved by the Brazilian Central Bank, with participation from Across Capital. “This new partnership lays the foundation for the size of the opportunity we are pursuing. We plan to use the new capital to strengthen our leadership position in Brazil, keeping an eye on potential local opportunities and executing an aggressive growth strategy for each business unit,” Pedro Mac Dowell, QI Tech Founder and CEO.
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