QI Tech - About the company
QI Tech is a series B company based in Sao Paulo (Brazil), founded in 2018 by Pedro Mac Dowell, Marcelo Buosi and Marcelo Bentivoglio. It operates as a Provider of open banking API solutions. QI Tech has raised $374M in funding from investors like General Atlantic, GIC and Across Capital, with a current valuation of $1B. The company has 19 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Cross River Bank, Swan and Hatch Bank.
Sectors and market segments that QI Tech operate in
QI Tech serves in the FinTech market segments.The primary business model of QI Tech is:Company Details
Provider of open banking API solutions. It offers a solution that enables businesses to build financial products using APIs. It features debt management solutions, credit analysis, escrow accounts for secured payments, statement issuance, and more.
- Website
- qitech.com.br
- Email ID
- *****@qitech.com.br
- Phone Number
- +55 **********
Key Metrics
Founded Year
2018
Location
Sao Paulo, Brazil
Stage
Series B
Total Funding
$374M in 5 rounds
Latest Funding Round
Post Money Valuation
$1B as on Apr 29, 2024
Investors
Ranked
2nd among 19 active competitors
Employee Count
476 as on Aug 31, 2026
Investment & Acquisitions
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QI Tech's funding and investors
QI Tech has raised a total funding of $374M over 5 rounds. Its first funding round was on Nov 05, 2021. Its latest funding round was a Series B round on Jul 31, 2025 for $63M. 2 investors participated in its latest round. QI Tech has 3 institutional investors.
Here is the list of recent funding rounds of QI Tech:
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Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 31, 2025 | $63M | Series B | - | - | ||
Apr 25, 2024 | $50M | Series B | $1B | - | ||
Oct 31, 2023 | $199M | Series B | - | - |
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QI Tech's founders and board of directors
Founder? Claim ProfileHere are the details of QI Tech's key team members:
- Pedro Mac Dowell: Founder of QI Tech and founder of 1 other company. Contact Info: 1 email address and 1 phone number
- Marcelo Buosi: Co-Founder of QI Tech.
- Marcelo Bentivoglio: Co-Founder of QI Tech.
View details of QI Tech's Founder profiles and Board Members
QI Tech's employee count trend
QI Tech has 476 employees as of Aug 26. Here is QI Tech's employee count trend over the years:
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QI Tech's Competitors and alternates
Top competitors of QI Tech include Cross River Bank, Swan and Hatch Bank. Here is the list of Top 10 competitors of QI Tech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Cross River Bank 2008, Fort Lee (United States), Series D | Platform offering API-driven financial infrastructure | $898M | 72/100 | |
2nd | Provider of open banking API solutions | $374M | 59/100 | ||
3rd | Provider of embedded banking platform offering accounts, cards, and payment solutions | $108M | 45/100 | ||
4th |  Hatch Bank 1982, San Marcos (United States), Unfunded | Provider of a fintech platform with API connectivity | - | - | 43/100 |
5th |  European Merchant Bank 2019, Vilnius (Lithuania), Unfunded | Open banking APIs for banks & financial institutions | - | - | 43/100 |
6th |  Saxo Payments Banking Circle 2013, Hellerup (Denmark), Acquired | Open banking APIs for banks and financial institutions | - | 42/100 | |
7th | Cloud-based core banking solution for banks and financial institutions | - | 38/100 | ||
8th |  Palwallet 2021, London (United Kingdom), Unfunded | Provider of a platform for securing, managing, and exchanging crypto assets | - | - | 33/100 |
9th |  Medici Bank International 2018, New York City (United States), Funding Raised | Banking API provider | - | 28/100 | |
10th |  Passport Fintech 2021, San Francisco (United States), Funding Raised | Provider of API-enabled open banking toolkits | - | 27/100 |
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QI Tech's Investments and acquisitions
QI Tech has acquired 3 companies including AutoBanking, Singulare and BuildersBank. QI Tech has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 08, 2026 | Acquisition | 2015 | Sao Paulo (Brazil) | |
Nov 14, 2023 | Acquisition | 1967 | Sao Paulo (Brazil) | |
Apr 19, 2023 | Acquisition | 2017 | Barueri (Brazil) |
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Reports related to QI Tech
Here is the latest report on QI Tech's sector:
News related to QI Tech
Filter this listMedia has covered QI Tech for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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QI Tech and Ant International’s Bettr Partner to Expand Credit in BrazilThe Fintech Times•Jul 15, 2026•Bettr, QI Tech
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It's growing a lot, but now is not the time for an IPO,' says CEO of Brazilian unicornExame•Mar 26, 2026•QI Tech
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QI Tech expects to generate over R$1 billion in revenue this year and is considering new acquisitions in the custody business.Fusoes & Aquisicoes•Nov 01, 2025•QI Tech
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QI Tech raises another US$ 63 million with General Atlantic to accelerate M&AsFusoes & Aquisicoes•Aug 01, 2025•Across Capital, QI Tech, General Atlantic
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Qi tech fattening series B and becomes a new Brazilian unicornStartups•Apr 25, 2024•Singulare, QI Tech, Fidcindia, General Atlantic and 2 others
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QI Tech buys Singulare brokerage (formerly Socopa)Fusoes & Aquisicoes•Nov 14, 2023•QI Tech, Singulare
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QI Tech secures $200m Series B funding led by General AtlanticFintech•Nov 01, 2023•QI Tech, General Atlantic, Across Capital, GIC
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QI Tech raises R$1 billion, goes shopping and prepares the ground for the IPOFintechsbrasil•Oct 31, 2023•QI Tech, GIC, General Atlantic, Vivo
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