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Synopsis
Private equity firms General Atlantic and Across Capital led a $50m Series B extension in QI Tech, a financial services infrastructure provider in Brazil. "General Atlantic is pleased to deepen our partnership with QI Tech and support the Company in its long-term development. We believe QI Tech is uniquely positioned as a challenger to existing incumbent solutions, with the momentum to become a leading, diversified player in Brazil’s financial infrastructure ecosystem as opportunities for digital payments and credit adoption continue to emerge. We look forward to continued partnership with QI Tech’s driven and execution-focused management team," Luiz Ribeiro, General Atlantic Managing Director and Co-Head of the Brazil office.
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