Magma Partners

Kravata is a pioneering crypto as a service company in Latin America, specializing in providing businesses with the tools needed to launch compliant cryptocurrency solutions efficiently and affordably. By offering a simple API integration, Kravata allows businesses to incorporate cryptocurrency functionalities into their applications or websites. Its platform infrastructure facilitates the safe buying and selling of cryptocurrencies, enabling businesses to enhance their revenue streams and attract more users. With a focus on leveraging blockchain potential, Kravata equips clients with a comprehensive platform to trade cryptocurrencies instantly, making it easier for them to adapt to the evolving digital finance landscape.

Prometeo operates as a leading fintech infrastructure company, providing a marketplace that connects global corporations with financial institutions in Latin America and the United States. The company specializes in creating advanced technological infrastructure through banking Application Programming Interfaces (APIs), offering access to a vast network of over 1,500 connections to more than 1,200 financial institutions across 11 countries. Prometeo's platform simplifies and secures access to banking data, facilitates bank account validation, and enables account-to-account payments. By automating these processes, the company reduces friction and costs for its clients while enhancing financial connectivity. Additionally, Prometeo offers educational tools and money transfer applications to help users better understand their financial behavior and manage their finances effectively.

R2 is a developer of an embedded lending platform that provides financial resources to small and medium-sized businesses (SMBs) in Latin America. By partnering with established companies like Rappi and Clip, R2 enables these platforms to offer seamless financing options to their buyers and sellers. This integration allows businesses to lend without incurring credit risk, thereby enhancing their gross merchandise volume (GMV) and promoting customer retention. Additionally, R2's services create new revenue streams for its partners by positioning the company as a trusted financing supplier.

Anyone AI is an ed-tech startup dedicated to addressing the AI talent gap in Latin America by investing in local individuals. The company offers a comprehensive online platform that provides an intensive fellowship program designed by AI industry experts. This program enables participants to engage in hands-on machine learning projects, utilizing the latest tools and trends to enhance their knowledge and skills. Anyone AI's training is accessible to applicants from across the region at no cost. Upon entering the job market, graduates share 7.5% of their salary with Anyone AI for the first two years, creating a sustainable model that supports both the individuals and the company's mission of developing AI talent.

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.

DeltaX is a digital freight platform that connects shippers with carriers and truckers in Latin America.

Neivor is a property management platform focused on transforming payment processes for property owners and renters in Latin America. By addressing the inefficiencies of cash-based transactions and fragmented payment systems, Neivor provides a mobile-centric solution that allows building managers to handle resident-facing tasks through a unified application. This platform not only facilitates seamless payment collection but also enables administrators to manage common areas, maintain agendas, and update reservations efficiently. Through its comprehensive tool, Neivor aims to optimize and automate the overall operation of condominiums, enhancing the experience for both property managers and residents.

Rebill is a fintech platform focused on providing payment orchestration and subscription management solutions for digital businesses operating in Latin America. The platform allows companies to integrate over 100 local payment methods, including cards, bank transfers, cash, and wallets, facilitating efficient revenue operations across multiple countries and currencies. Rebill offers a single trust point for managing various payment gateways within a single transaction, ensuring flexibility for recurring billing scenarios. This automation helps e-commerce and SaaS businesses enhance acceptance rates and streamline billing processes. Additionally, Rebill is backed by prominent investors, ensuring robust support and resources for scaling operations in the region.

Neivor is a property management platform focused on transforming payment processes for property owners and renters in Latin America. By addressing the inefficiencies of cash-based transactions and fragmented payment systems, Neivor provides a mobile-centric solution that allows building managers to handle resident-facing tasks through a unified application. This platform not only facilitates seamless payment collection but also enables administrators to manage common areas, maintain agendas, and update reservations efficiently. Through its comprehensive tool, Neivor aims to optimize and automate the overall operation of condominiums, enhancing the experience for both property managers and residents.

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.

Prometeo operates as a leading fintech infrastructure company, providing a marketplace that connects global corporations with financial institutions in Latin America and the United States. The company specializes in creating advanced technological infrastructure through banking Application Programming Interfaces (APIs), offering access to a vast network of over 1,500 connections to more than 1,200 financial institutions across 11 countries. Prometeo's platform simplifies and secures access to banking data, facilitates bank account validation, and enables account-to-account payments. By automating these processes, the company reduces friction and costs for its clients while enhancing financial connectivity. Additionally, Prometeo offers educational tools and money transfer applications to help users better understand their financial behavior and manage their finances effectively.

Neivor is a property management platform focused on transforming payment processes for property owners and renters in Latin America. By addressing the inefficiencies of cash-based transactions and fragmented payment systems, Neivor provides a mobile-centric solution that allows building managers to handle resident-facing tasks through a unified application. This platform not only facilitates seamless payment collection but also enables administrators to manage common areas, maintain agendas, and update reservations efficiently. Through its comprehensive tool, Neivor aims to optimize and automate the overall operation of condominiums, enhancing the experience for both property managers and residents.

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.

Keynua is a technology company based in Lima, Peru, specializing in the development of e-signature solutions that incorporate identity verification for the Latin American market. Founded in 2019, Keynua's platform utilizes three-second video signatures to authenticate individuals and validate transactions, streamlining the approval process for documents while enhancing security. This innovative approach eliminates the need for cumbersome identity verifications and protects users from potential fraud, making the signing experience more efficient and reliable.

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. operates an online platform specializing in background checks and identity theft detection, primarily serving clients in Latin America. Founded in 2018 and headquartered in San Francisco, with additional offices in Colombia, Mexico, and Brazil, Truora offers advanced technologies including OCR for digital onboarding, face recognition for real-time user validation, and comprehensive identity management to streamline Know Your Customer (KYC) processes. Its diverse clientele includes national and international retailers, banks, human resource firms, startups, and marketplaces, all utilizing Truora's solutions to mitigate risk and authenticate relationships with users, customers, employees, and suppliers. The company's mission focuses on simplifying and automating digital interactions across various sectors.

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.

Chaty is an online platform founded in 2018 and headquartered in Lima, Peru, that assists restaurants in selling online and enhancing customer loyalty. The company offers a chatbot designed to streamline the order-taking process and facilitate secure payment processing. By providing a comprehensive suite of tools, Chaty enables restaurants to effectively manage their products, serve their clients, and accept various payment methods, including credit and debit cards. This approach allows restaurants to increase their order volume while ensuring a smooth and efficient transaction experience for their customers.

CryptoMarket Inc (Founded 2016, Nov) is the exchange of Digital Assets and CryptoPayment gateway in Blockchain that integrates the main economies of the region; Chile (2016), Argentina (2017), Spain (2017), Brazil (2018), Europe Zone(2018) and Mexico (2018) connecting more than 160,000 users through 4 Digital Assets (Bitcoin, Ethereum, Stellar and EOS). During the first half of 2018, CryptoMarket closed its a Seed round of financing for USD $ 600,000 together with ConsenSys Venture and Magma Partners with the objective of expanding its presence (CryptoMarket Exchange) and integrating payment systems for the region (CryptoCompra).

PleIQ is a Chilean start-up focused on developing innovative educational solutions that blend physical toys with digital experiences through Augmented Reality. Its products aim to enhance learning for preschoolers by creating interactive and adaptive experiences that cater to multiple intelligences. The company has received several accolades for its contributions to the ed-tech sector, including recognition as the Global Best Ed-Tech Solution during the COVID-19 pandemic and Best EdTech Innovation in Latin America. PleIQ's approach emphasizes fostering curiosity and engagement in young learners, allowing them to explore and learn in a dynamic way.

FounderList is an online platform to invest in high impact Latin American startups.

Slidebean, Inc. is a web-based platform that facilitates the creation of presentations, primarily targeting startups and entrepreneurs seeking funding. Founded in 2014 and headquartered in New York, with an additional office in San Jose, Costa Rica, Slidebean offers a range of services, including AI-driven pitch deck creation, financial modeling, and pitch deck design. The platform features pre-filled decks and customizable templates, allowing users to efficiently construct compelling presentations. Additionally, Slidebean provides a wealth of resources, including video materials, to support entrepreneurs through the fundraising process. Since achieving $1 million in annual recurring revenue in 2017, Slidebean has continually evolved its offerings to better assist founders in navigating the complexities of securing investment for their ventures.

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.

S-Save S.A., based in Vitacura, Chile, specializes in providing online financial solutions aimed at helping companies reduce costs. In addition to its financial services, S-Save offers sustainable equipment designed to conserve and generate electricity, water, and gas, contributing to environmental sustainability. The company's technology efficiently absorbs calories from the air to heat domestic water for both residential and commercial use. By combining financial savings with eco-friendly solutions, S-Save seeks to support businesses in achieving both economic and environmental goals.

RetailCompass is a business intelligence provider based in Santiago, Chile, established in 2014. The company specializes in delivering accurate and current data regarding product prices, shipping costs, brand performance, and inventory, which enables retailers and brands to make informed decisions. By utilizing web crawlers, RetailCompass generates transparent reports on competitors' pricing and product assortments, assisting businesses in optimizing their online strategies and enhancing sales performance. Through these services, RetailCompass empowers companies to respond quickly and effectively to market dynamics.

ChileTrabajos is an online job platform that specializes in connecting job seekers with employment opportunities across various sectors, including administration, economics, accounting, education, aesthetics, hospitality, telecommunications, and psychopedagogy. The platform allows employers to post job openings and enables candidates to search for positions based on specific categories, locations, and industries. By streamlining the hiring process, ChileTrabajos aims to facilitate quicker job matches, making it easier for individuals to find suitable employment.

Reqlut S.A., based in Santiago, Chile, operates as a social platform designed to transform the job search process. It allows current and former employees to share reviews and disclose salary information, providing insights into company cultures for prospective job seekers. By leveraging advanced human resources technologies and methodologies, Reqlut aims to create a user-friendly and effective recruitment experience. The platform focuses on enhancing transparency in job searching, ensuring that individuals can find positions that align with their skills and preferences. Reqlut strives to contribute positively to society by redefining the approach to employment, fostering a more enjoyable and fulfilling work environment for all.

Edoome, Inc. is a Chile-based company that develops an online education platform aimed at enhancing communication and collaboration between teachers, students, and parents. Founded in 2012, Edoome provides virtual classrooms and tools for teachers to effectively manage their classes, share files and videos, publish assignments, quizzes, and grades. The platform is designed to streamline the educational process, allowing educators to save time on planning and assessing while enabling students and their parents to monitor academic progress and achievements. By fostering a more connected educational community, Edoome seeks to bridge the gap between private and public education.

Price Analytics for large retainers in Latin America and the US

ReStudio is engaged in the research and development, and provision of dimensional information technology based solutions for mining, energy, and public works projects. The company supports the design, construction, and maintenance of public works and industrial projects through Point Cloud Baseline, as-built, dimensional control, condition monitoring, and project presentation services. It offers solutions for industrial plants and tunnel management. ReStudio was founded in 2006 and is based in Santiago, Chile.