QI Tech, a São Paulo-based financial infrastructure fintech, has raised US$63 million in a Series B funding round led by General Atlantic.

According to FinSMEs, the funding will be used to advance the development of new client solutions, reinforce the company’s position in Brazil’s digital banking sector, and explore potential strategic acquisitions.

Founded in 2018, QI Tech provides technology infrastructure for financial services through an API platform that supports institutions, fintech firms, and enterprises in deploying and scaling financial products.

Its offerings span core banking, payments, lending, investments, and insurance.

QI Tech previously raised US$200 million in a Series B round led by General Atlantic too.

The company operates across Brazil and is gradually expanding into other parts of Latin America.

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