Magma Partners

Nuvocargo, Inc. is a digital platform specializing in cross-border trade between the United States and Mexico. Founded in 2017 and based in New York, the company offers an integrated suite of services, including customs brokerage, freight forwarding, cargo insurance, and supply chain financing. Nuvocargo distinguishes itself by providing standardized and transparent quotes through its network of carriers, along with a cloud-based dashboard that enables real-time cargo tracking, shipment status updates, and customs clearance management. The company aims to modernize the largely untapped $2 trillion logistics market, enhancing visibility and efficiency for shippers. With a bilingual team that bridges technology and logistics across the Americas, Nuvocargo has reported significant revenue growth since its inception, reflecting its unique position in the industry.

Founded in Mexico City in 2016, Vexi offers a digital credit card service targeting young underbanked populations. Users can manage expenses, create payment plans, and build credit history through its mobile application.

Heru is a company focused on enhancing the lives of gig-economy workers through technology-driven services and benefits tailored to their unique needs. Founded in 2019 by Mateo Jaramillo and Stiven Rodriguez Sanchez, and headquartered in Mexico City, the company offers a comprehensive financial technology platform that simplifies accounting processes for independent workers. Heru's services include electronic invoicing, tax management, tailored insurance policies, working capital solutions, and expert financial guidance. By providing tools for efficient tax obligation management and access to essential resources, Heru aims to improve the overall well-being and working conditions of freelancers and independent professionals.

Koltin is a health insurance company in Mexico that focuses on the needs of people aged 60 and older. It combines traditional health insurance with proactive, tech-enabled care to improve access to coverage and care for seniors. By partnering with a leading insurer, Koltin provides major medical coverage alongside a dedicated, team-based care model and personalized health aging plans enabled by technology. The company also offers remote support services, including accident insurance, coverage for medical emergencies and major medical expenses, and unlimited preventive guidance from specialists. Through these integrated insurance and care services, Koltin helps elderly individuals maintain independence and preserve physical and mental well-being while navigating the complexities of aging.

Founded in Mexico City in 2016, Vexi offers a digital credit card service targeting young underbanked populations. Users can manage expenses, create payment plans, and build credit history through its mobile application.

Cura Deuda, founded in 2011 and based in Mexico City, specializes in debt management services aimed at assisting individuals and families struggling with over-indebtedness. The company negotiates with banks and financial institutions on behalf of its clients to facilitate debt settlement and improve their financial well-being. By providing financial advisory services and savings strategies, Cura Deuda enables clients to manage their debts effectively and adapt to changing financial circumstances. With a commitment to transforming the lives of its clients, the company aims to help over one million families achieve a healthier financial life, reducing stress and enhancing overall quality of life.

Jefa is a digital financial platform that aims to empower women by providing them with a comprehensive financial application. Initially launched in Mexico, Jefa's app offers users access to a financial marketplace, enabling them to manage their finances effectively. The application includes features such as an electronic payment account for sending and receiving money, automating service payments, and making purchases without hidden costs or commissions. Jefa focuses on delivering an affordable, convenient, and secure solution, ensuring that women have the tools they need to take control of their financial well-being.

Founded in Mexico City in 2016, Vexi offers a digital credit card service targeting young underbanked populations. Users can manage expenses, create payment plans, and build credit history through its mobile application.

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.

Nuvocargo, Inc. is a digital platform specializing in cross-border trade between the United States and Mexico. Founded in 2017 and based in New York, the company offers an integrated suite of services, including customs brokerage, freight forwarding, cargo insurance, and supply chain financing. Nuvocargo distinguishes itself by providing standardized and transparent quotes through its network of carriers, along with a cloud-based dashboard that enables real-time cargo tracking, shipment status updates, and customs clearance management. The company aims to modernize the largely untapped $2 trillion logistics market, enhancing visibility and efficiency for shippers. With a bilingual team that bridges technology and logistics across the Americas, Nuvocargo has reported significant revenue growth since its inception, reflecting its unique position in the industry.

Heru is a company focused on enhancing the lives of gig-economy workers through technology-driven services and benefits tailored to their unique needs. Founded in 2019 by Mateo Jaramillo and Stiven Rodriguez Sanchez, and headquartered in Mexico City, the company offers a comprehensive financial technology platform that simplifies accounting processes for independent workers. Heru's services include electronic invoicing, tax management, tailored insurance policies, working capital solutions, and expert financial guidance. By providing tools for efficient tax obligation management and access to essential resources, Heru aims to improve the overall well-being and working conditions of freelancers and independent professionals.

Jefa is a digital financial platform that aims to empower women by providing them with a comprehensive financial application. Initially launched in Mexico, Jefa's app offers users access to a financial marketplace, enabling them to manage their finances effectively. The application includes features such as an electronic payment account for sending and receiving money, automating service payments, and making purchases without hidden costs or commissions. Jefa focuses on delivering an affordable, convenient, and secure solution, ensuring that women have the tools they need to take control of their financial well-being.

Jefa is a digital financial platform that aims to empower women by providing them with a comprehensive financial application. Initially launched in Mexico, Jefa's app offers users access to a financial marketplace, enabling them to manage their finances effectively. The application includes features such as an electronic payment account for sending and receiving money, automating service payments, and making purchases without hidden costs or commissions. Jefa focuses on delivering an affordable, convenient, and secure solution, ensuring that women have the tools they need to take control of their financial well-being.

Guros is a digital insurance brokerage based in Mexico City, specializing in providing a seamless insurance experience through its proprietary technology. Founded in 2013, the company enables businesses to offer embedded auto insurance solutions to their customers, streamlining the process from quotation to policy issuance. Guros partners with various companies, including Kavak, Creditas, and Coppel, to integrate insurance offerings directly into their purchasing processes. The platform facilitates a user-friendly experience for comparing and managing various types of vehicle insurance, including auto and motorcycle coverage. Looking ahead, Guros plans to expand its services to include insurance for mobile devices, electronics, and home insurance, all while maintaining a focus on enhancing customer satisfaction through embedded solutions.

Jefa is a digital financial platform that aims to empower women by providing them with a comprehensive financial application. Initially launched in Mexico, Jefa's app offers users access to a financial marketplace, enabling them to manage their finances effectively. The application includes features such as an electronic payment account for sending and receiving money, automating service payments, and making purchases without hidden costs or commissions. Jefa focuses on delivering an affordable, convenient, and secure solution, ensuring that women have the tools they need to take control of their financial well-being.

Nuvocargo, Inc. is a digital platform specializing in cross-border trade between the United States and Mexico. Founded in 2017 and based in New York, the company offers an integrated suite of services, including customs brokerage, freight forwarding, cargo insurance, and supply chain financing. Nuvocargo distinguishes itself by providing standardized and transparent quotes through its network of carriers, along with a cloud-based dashboard that enables real-time cargo tracking, shipment status updates, and customs clearance management. The company aims to modernize the largely untapped $2 trillion logistics market, enhancing visibility and efficiency for shippers. With a bilingual team that bridges technology and logistics across the Americas, Nuvocargo has reported significant revenue growth since its inception, reflecting its unique position in the industry.

Rampa.io is a startup accelerator focused on supporting emerging companies in the Mexico region. The organization offers investment and guidance to entrepreneurs, mentors, and investors, facilitating their growth through structured weekly meetings. These sessions provide an opportunity for participants to share insights and learn from an experienced team, enabling startups to define and achieve their growth objectives. Rampa.io aims to foster a collaborative environment that enhances the capabilities and success of its members, ultimately helping them reach their next milestones.

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.

DataPlor Inc. is a Los Angeles‑based location intelligence company that aggregates and verifies business location data, market research, and other data collection services. The platform connects clients with an on‑demand mobile workforce to perform real‑time data verification, augmentation, and research on local firms, leveraging machine learning and artificial intelligence models. Founded in 2016 and formerly known as Chapa, Inc., the company operates additional offices in Mexico City and São Paulo and focuses on providing customizable data solutions for businesses worldwide.

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.

Bexi, Inc. is a digital marketing company founded in 2016 and headquartered in San Francisco, California, with additional offices in Guadalajara, Mexico City, and La Paz. The company specializes in providing an online platform that offers a comprehensive suite of design and marketing solutions, including services for banners, digital advertisements, landing pages, emails, infographics, and various promotional materials. Bexi's innovative tool is designed to assist small and medium-sized businesses in generating leads online without the need for extensive design or marketing expertise. By streamlining project initiation, campaign management, and design approvals through a mobile-driven technology, Bexi enables marketing teams to operate efficiently and effectively, reducing reliance on traditional creative agencies and minimizing associated costs.

CryptoMKT SpA operates an electronic cryptocurrency trading platform and exchange based in Las Condes, Chile, founded in 2016. The platform facilitates the trading of various digital assets, including Bitcoin, Ethereum, and Stellar, and offers additional services such as a cryptocurrency wallet for sending and receiving Ether. Over the years, CryptoMKT has expanded its reach to several countries, including Argentina, Spain, Brazil, and Mexico, connecting over 160,000 users. The company has also pursued funding to enhance its services and integrate payment systems across the region, reflecting its commitment to fostering cryptocurrency adoption and usage in Latin America and beyond.

Albo is a Mexican challenger bank offering a mobile-first banking experience. It provides users with a digital banking account, a Mastercard card for spending, and innovative features such as savings tools, goal management within sub-accounts, and personal loans.

Bexi, Inc. is a digital marketing company founded in 2016 and headquartered in San Francisco, California, with additional offices in Guadalajara, Mexico City, and La Paz. The company specializes in providing an online platform that offers a comprehensive suite of design and marketing solutions, including services for banners, digital advertisements, landing pages, emails, infographics, and various promotional materials. Bexi's innovative tool is designed to assist small and medium-sized businesses in generating leads online without the need for extensive design or marketing expertise. By streamlining project initiation, campaign management, and design approvals through a mobile-driven technology, Bexi enables marketing teams to operate efficiently and effectively, reducing reliance on traditional creative agencies and minimizing associated costs.

Jooycar is a leading provider of connected car platforms, utilizing telematics technology to enhance driving behavior and create new business opportunities in the insurance and automotive industries. With operations across Latin America and the United States, Jooycar has successfully connected over 30,000 vehicles and processed more than 100 million kilometers of data.