Financial services provider QI Tech has teamed up with Ant International’s Bettr to offer working capital and instalment payment options in Brazil’s online retail sector.
The partnership will focus first on working capital loans for small and medium-sized online sellers, helping them fund inventory and support business growth.
It will also introduce a Buy Now, Pay Later (BNPL) option for shoppers on AliExpress, allowing consumers to pay for purchases in instalments at checkout.
The credit services will use transactional data, automated analysis and real-time decision-making to assess repayment capacity and manage risk.
Pedro Mac Dowell, CEO and founder of QI Tech, said
“We work with Ant International to better serve the growing demand for inclusive financial solutions among underserved groups in Brazil, especially small businesses.
We seek to enable a more interconnected ecosystem, covering onboarding, credit analysis, credit issuance, and the structuring of a Credit Rights Investment Fund (FIDC).”
Mac Dowell added that credit is becoming part of the wider digital shopping experience rather than a standalone product.
He noted that the partnership combines Ant International’s technology with QI Tech’s regulated infrastructure to link credit and payments in Brazil’s retail market.
Quan Yu, General Manager of Bettr Credit and Senior Vice President of Ant International, said,
“The partnership underlines our commitment to local collaboration for deeper insights and creating greater synergy.
By making long-term investments in such partnerships, we’re expanding broader, more flexible and secure consumer credit access, helping users manage their finances while unlocking new growth avenues for merchants, while also supporting SMEs with financing to build a more resilient retail ecosystem.”
Featured image: Edited by Fintech News Singapore, based on image by freepik via Magnific
