Magma Partners

R5 is a company based in Colombia that simplifies vehicle ownership for its customers. It operates an online platform designed to facilitate financing through the use of assets like cars and motorcycles as collateral. The platform caters primarily to low-income individuals, allowing them to refinance high-interest debt or secure funds for business investments. Additionally, R5 offers a digital solution for purchasing compulsory vehicle insurance at affordable rates, enabling customers to leverage their vehicles to access credit options with lower interest rates. This approach aims to make financial services more accessible and manageable for its users.

Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.

Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.

Treble.ai, Inc. is a Colombian company that specializes in providing a platform designed to enhance customer support for businesses. The platform facilitates the collection of customer feedback through SMS and email, enabling companies to gain valuable insights into their customers' needs. Additionally, Treble.ai offers tools for automating customer interactions via WhatsApp, allowing businesses to streamline their operations and engage in effective marketing practices. By focusing on mobile communications, Treble.ai aims to make these interactions more agile, intelligent, and personal, helping businesses stay attuned to their users' requirements.

Vozy Inc is an artificial intelligence platform that focuses on transforming business communications through advanced voice technology. Founded in 2011 and based in Medellín, Colombia, with additional offices in several countries, Vozy develops Lili Assistant, a voicebot designed to enhance customer engagement, automate processes, and improve team productivity. The platform leverages conversational AI and contextual voice assistants to facilitate automated communication, enabling businesses to provide tailored customer experiences while reducing operational costs. By integrating self-management options and personalized interactions, Vozy helps customer-centric companies increase efficiency and effectiveness in their communication strategies.

Truora, Inc. is a technology company that operates an online platform specializing in background checks and identity theft detection. Founded in 2018 and headquartered in San Francisco, California, with additional offices in Colombia, Mexico, and Brazil, Truora aims to simplify and automate digital interactions. Its platform utilizes advanced technologies such as optical character recognition for document validation, face recognition for real-time user verification, and identity management to streamline Know Your Customer processes. Truora serves a diverse clientele that includes national and international retailers, banks, human resource firms, startups, and marketplaces, helping them reduce risk and validate relationships with users, customers, employees, and suppliers.

Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.

Workep, Inc. is a company based in Medellin, Colombia, that operates a project management platform tailored for modern teams. This platform uniquely integrates and automates G Suite applications, allowing users to streamline their workflows with a simple click. By eliminating the need for extensive technical skills, Workep enables quick setup, facilitating efficiency from the outset. The platform utilizes automation to minimize time spent on manual tasks such as report generation and file synchronization, thereby accelerating project progress. Additionally, Workep features an artificial intelligence component that analyzes usage patterns to act as a virtual assistant, helping users track project timelines and optimize task coordination. This approach fosters seamless communication and collaboration, enhancing overall productivity for its clients.

Bankity is a financial management application established in 2014 and headquartered in Colombia. It offers an online and mobile platform designed for personal financial control, automating the tracking of expenses made with electronic money without requiring users to share their bank passwords. The application provides a daily card analysis tool, allowing users to manage their finances effortlessly and securely. Bankity has experienced significant growth, reporting an increase of over 10 times in user engagement in the last six months, highlighting its effectiveness in helping customers maintain control over their financial activities.