“Can Brazil's first SCD-licensed fintech become the all-in-one regulated infrastructure powering every non-bank company that wants to offer financial products?”
Founded 2018 as the first SCD-licensed fintech in Brazil, QI Tech built a regulated infrastructure layer for non-bank companies to issue credit (CCBs, notas comerciais). Expanded into BaaS, KYC/antifraud, and Pix infrastructure as embedded finance demand grew in Brazil. The 2024 acquisition of Singulare added DTVM capabilities (fund administration/custody), making it the only end-to-end 'as-a-service' player covering banking, credit, capital markets, and fund administration under one roof.
QI Tech discloses QI Sociedade de Crédito Direto S.A. (in-house) as its banking provider, according to the Embedded Finance Index 2026.
QI Tech does not disclose a bank charter of its own; its banking services are provided through QI Sociedade de Crédito Direto S.A. (in-house).
QI Tech processes payments through Pix (self-operated), TED (self-operated), Boletos (self-operated), Card issuing (self-operated) and Pix Automático (self-operated). Disclosed money-movement rails: Pix.
QI Tech's cards are issued through QI Tech (in-house).
QI Tech's lending and capital products are provided by QI Tech (in-house, SCD-licensed).
QI Tech runs its ledger on QI Tech (in-house).
QI Tech connects to bank accounts through Open Finance (mentioned as Risk Solutions product).
The Embedded Finance Index 2026 maps 7 layers in QI Tech's stack: Payments / PSP (Pix (self-operated), TED (self-operated), Boletos (self-operated), Card issuing (self-operated) and 1 other); Money movement (Pix); Banking / BaaS (QI Sociedade de Crédito Direto S.A. (in-house)); Card issuing (QI Tech (in-house)); Ledger (QI Tech (in-house)); Lending (QI Tech (in-house, SCD-licensed), Lending as a Service, CCB issuance (Cédula de Crédito Bancário), CCI / CCE issuance and 8 others); Open banking (Open Finance (mentioned as Risk Solutions product)).
QI Tech was founded by Pedro Mac Dowell, Marcelo Bentivoglio and Marcelo Buosi and is founded in 2018, headquartered in São Paulo, Brazil.
QI Tech has raised $250M+ in total (latest round: Series B extension, April 2024; valuation: ~$1.5B (unicorn, 2024)).
Get a read on where your own stack stands against QI Tech and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.