Magma Partners

R5 is a company based in Colombia that simplifies vehicle ownership by providing an online insurance and lending platform. It enables low-income customers to use their cars and motorcycles as collateral to secure financing. The platform facilitates access to funds for refinancing expensive debt or investing in businesses, offering a digital process for purchasing compulsory vehicle insurance with affordable policies. Through its services, R5 allows customers to leverage their vehicles to obtain credit at lower rates, making financial opportunities more accessible.

Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.

Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.

Treble.ai, Inc. is a technology company based in Colombia that specializes in enhancing customer support for businesses through its innovative platform. The platform enables companies to gather customer feedback via SMS and email, facilitating a deeper understanding of customer needs. Additionally, Treble.ai automates customer interactions through popular messaging apps like WhatsApp, allowing businesses to streamline their communication processes. By providing tools for effective marketing and engagement, Treble.ai aims to make mobile communications more agile and personalized, helping businesses worldwide adapt to the evolving demands of their users.

Vozy Inc is an artificial intelligence company based in Medellín, Colombia, with additional offices in Argentina, Chile, Mexico, Peru, Spain, and the United States. The company specializes in developing a voice platform that revolutionizes how businesses engage with their customers. Vozy's technology integrates conversational AI and contextual voice assistants, allowing companies to automate communication through both self-service and personalized interactions. This enables businesses to enhance customer experiences while optimizing operational costs. Founded in 2011, Vozy aims to support customer-centric enterprises in delivering tailored experiences at scale.

Truora is a technology company that provides identity verification, background checks, and onboarding automation through a cloud platform. Its solutions use optical character recognition for document validation, facial recognition for real-time user validation, and identity management to support KYC processes, enabling secure onboarding for retailers, banks, HR firms, and marketplaces. The company serves startups, marketplaces, fintechs, and banks seeking to reduce risk and verify relationships with users, customers, employees, and suppliers, and also offers a business chatbot platform to simplify onboarding, deliver personalized service, and improve sales and marketing efficiency via social media. Founded in 2018, Truora is based in San Francisco with additional offices in Colombia, Mexico, and Brazil.

Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.

Workep, Inc. is a company based in Medellin, Colombia, that operates a project management platform designed to enhance collaboration among modern teams. The platform uniquely integrates and automates all Google applications, allowing users to connect their G Suite tools with ease and efficiency. By streamlining workflows, Workep eliminates the need for extensive technical skills and reduces the time spent on manual tasks such as report generation and file synchronization. Additionally, the platform features an artificial intelligence component that recognizes usage patterns, acting as a virtual assistant to provide insights on project progress and task coordination. This comprehensive approach fosters seamless communication and collaboration, ultimately helping clients achieve their project goals more effectively.

Bankity is a financial technology company founded in 2014 and based in Colombia. It offers an online and mobile application designed for personal financial management, allowing users to effortlessly track their expenses and manage their finances in real time. The platform automatically records transactions made with electronic money without requiring users to input their bank passwords, ensuring a secure and risk-free experience. Bankity's tools include daily card analysis and expense control features, which have contributed to significant growth in user engagement, evidenced by over tenfold growth in the last six months. Through its innovative approach, Bankity aims to simplify personal finance management for its users.