Deal snapshot: Brazil's QI Tech Acquires Fraud Prevention and Onboarding Solutions Firm Zaig.

MANews-(C)2009-2021

Brazil-based direct credit company QI Tech has acquired fraud prevention and onboarding solutions firm Zaig, its first acquisition after a USD 50m investment round by Singapore's Sovereign Wealth Fund, the company said.

The acquisition of Zaig is part of QI Tech's strategy of becoming a "one stop shop" solution for credit services. With the acquisition, the company is now able to offer end-to-end Credit as a Service to...

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