In February 2022, QI Tech reached the milestone of 1 million Bank Credit Notes (Cédulas de Crédito Bancário – CCBs) issued, demonstrating the rapid growth of its infrastructure for credit operations.
The achievement represented an important step in the company’s journey, which had begun with the issuance of its first CCB in March 2019. In less than three years, QI Tech expanded its capacity to support transactions involving different companies and credit products through integrated technological and regulatory infrastructure.
What is a Bank Credit Note?
A Bank Credit Note, known in Brazil as a CCB, is a credit instrument issued by a borrower in favor of a financial institution. It represents a promise of payment arising from a credit transaction and may be secured by collateral or personal guarantees.
Under Brazilian law, a CCB is also an extrajudicial enforcement instrument representing a certain, liquid, and enforceable monetary debt.
In practice, CCBs can be used to formalize different types of credit, documenting conditions such as the amount granted, maturity, interest, guarantees, and payment terms.
Technology for scalable credit issuance
The issuance of 1 million CCBs demonstrated QI Tech’s ability to automate an essential stage of the credit journey and process a growing number of transactions.
During this period, the company had increased its processing capacity from approximately 100 to 5,000 credit transactions per day. QI Tech processed around BRL 4.2 billion in 2021 and was completing between BRL 500 million and BRL 700 million in new credit transactions each month.
A milestone in the expansion of credit infrastructure
The number of CCBs issued reinforced QI Tech’s Lending as a Service model, designed to enable companies to offer credit through technological infrastructure connected to Brazil’s National Financial System.
By automating stages such as assessment, formalization, instrument issuance, and transaction management, QI Tech established a foundation capable of supporting the growth of different credit products and customer journeys.