In December 2019, QI Tech reached BRL 280 million in credit transaction volume in less than one year of operations, marking one of the company’s first major growth milestones in Brazil’s financial market.
The company had begun operations in December 2018 after becoming Brazil’s first Direct Credit Society (Sociedade de Crédito Direto – SCD) authorized by the Central Bank of Brazil.
Growth from the first year of operations
The volume reached in 2019 demonstrated QI Tech’s ability to scale rapidly through a model based on technology and regulatory infrastructure for financial services.
Since its creation, the company has used technology to simplify and automate financial operations, supporting businesses in the development of credit products and journeys.
Infrastructure for credit operations
Technology infrastructure makes it possible to bring different stages of a credit operation together and create more agile and scalable processes for companies seeking to offer credit.
Reaching BRL 280 million in transactions in less than one year was therefore one of the earliest indications of the scalability of QI Tech’s model and helped establish the foundation for the company’s expansion in the following years.