QI Tech acquires Autobanking
Summary
QI Tech acquired Autobanking to expand its lending infrastructure into Brazil’s vehicle-financing market. Autobanking’s platform connects with dealership and retailer systems and supports financing at the point of sale. QI Tech will keep Autobanking’s origination flow while taking over credit analysis, documentation, settlement, and servicing. The deal also brings repossession and recovery capabilities into QI Tech’s automotive finance stack and may create new financing opportunities for asset managers, banks, dealerships, and credit funds.
Classifications
industries
Fintech & Banking
applications
Web and Content Management
AskAI Classifications
Labels
Financial Software
SaaS
API Platform
Linked Companies
QI Tech
$10M to $25M