December 4, 2021
  • December 4, 2021

Brazilian Fintech Co. QI Tech takes $ 50 million in Series A

By on November 5, 2021 0
By Charlie Innis (Nov 5, 2021, 6:55 p.m. EDT) – QI Tech, a Sao Paulo-based financial technology company that aims to help businesses deliver digital banking services, said on Friday it had raised $ 50 million in a Series A round of funding led by GIC Pte. Ltd., the sovereign wealth fund of Singapore.

The Brazilian fintech company plans to use the additional capital to create new products, grow its data science team and quadruple its total number of employees. It could also consider mergers and acquisitions as part of its growth strategy, according to an announcement.

QI Tech presents itself as the first direct credit company to be approved by the Brazilian central …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS