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, it offers a comprehensive range of services, including customs brokerage, freight forwarding, cargo insurance, and supply chain financing. By providing standardized and transparent quotes from a network of carriers, Nuvocargo enhances the shipping experience for its clients. The platform features a cloud-based dashboard that enables real-time tracking of cargo, including shipment status and customs clearance. Nuvocargo aims to modernize the logistics industry, which has largely remained undigitized despite its substantial market size. With a fully bilingual team, the company has demonstrated significant growth, achieving over 25% revenue increases month over month since late 2019. Nuvocargo is supported by prominent investors and industry leaders, further solidifying its position in the logistics sector.

Vexi is a financial technology company based in Mexico City, founded in 2016, that provides credit card services tailored for the young, underbanked population in Latin America. The company offers a mobile application that enables users to develop personalized payment plans, manage expenses, and build credit history with minimal documentation. Vexi's credit card services include both online and physical cards, allowing for flexible use in digital transactions and physical establishments. By leveraging proprietary technology, Vexi aims to enhance accessibility to formal credit while ensuring a secure and user-friendly experience without annuity charges.

Koltin is a dedicated health insurance company focused on providing insurance and preventative care services to seniors in Mexico, particularly those over 60. Recognizing the growing need in this demographic, Koltin offers a comprehensive platform that combines traditional insurance coverage with personalized care. Through partnerships with major insurance carriers, it provides access to major medical health insurance, accident insurance, and emergency medical coverage. Additionally, Koltin offers unlimited preventive advice from specialists and tech-enabled health aging plans, allowing older adults to maintain their independence while ensuring their physical and mental well-being. By addressing the unique health needs of this age group, Koltin establishes itself as a leading alternative for older Mexicans seeking quality healthcare solutions.

Vexi is a financial technology company based in Mexico City, founded in 2016, that provides credit card services tailored for the young, underbanked population in Latin America. The company offers a mobile application that enables users to develop personalized payment plans, manage expenses, and build credit history with minimal documentation. Vexi's credit card services include both online and physical cards, allowing for flexible use in digital transactions and physical establishments. By leveraging proprietary technology, Vexi aims to enhance accessibility to formal credit while ensuring a secure and user-friendly experience without annuity charges.

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 focused on empowering women by providing them with a user-friendly app that facilitates financial management. Initially launched in Mexico, the platform offers access to a comprehensive financial marketplace, enabling users to send and receive money, automate service payments, and make purchases without incurring hidden fees or commissions. Jefa aims to deliver an affordable, convenient, and secure solution that enhances women's financial independence and decision-making.

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.

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, it offers a comprehensive range of services, including customs brokerage, freight forwarding, cargo insurance, and supply chain financing. By providing standardized and transparent quotes from a network of carriers, Nuvocargo enhances the shipping experience for its clients. The platform features a cloud-based dashboard that enables real-time tracking of cargo, including shipment status and customs clearance. Nuvocargo aims to modernize the logistics industry, which has largely remained undigitized despite its substantial market size. With a fully bilingual team, the company has demonstrated significant growth, achieving over 25% revenue increases month over month since late 2019. Nuvocargo is supported by prominent investors and industry leaders, further solidifying its position in the logistics sector.

Heru is a company focused on enhancing the lives of gig-economy workers by offering a comprehensive suite of services tailored to their needs. Founded in 2019 by Mateo Jaramillo and Stiven Rodriguez Sanchez, and based in Mexico City, Heru aims to improve the conditions of independent workers through technology-driven solutions. The company's financial technology platform provides essential tools for managing accounting, including electronic invoicing and tax management. It offers customized insurance policies, working capital, credit options, and financial guidance, as well as facilitating tax declarations and providing cell phone data plans. Heru's mission is to empower freelancers and independent workers by simplifying their financial responsibilities and ensuring they have access to necessary resources and expert assistance.

Jefa is a digital financial platform focused on empowering women by providing them with a user-friendly app that facilitates financial management. Initially launched in Mexico, the platform offers access to a comprehensive financial marketplace, enabling users to send and receive money, automate service payments, and make purchases without incurring hidden fees or commissions. Jefa aims to deliver an affordable, convenient, and secure solution that enhances women's financial independence and decision-making.

Guros is a digital insurance technology company based in Mexico that specializes in providing an end-to-end embedded insurance experience for businesses and their customers. Founded in 2013, Guros has developed proprietary technology that allows partners such as Kavak, Creditas, and Coppel to seamlessly integrate auto insurance offerings into their purchasing processes. This integration enables users to obtain quotes and manage policies through a straightforward, one-click system. Guros focuses on enhancing customer experience by simplifying the insurance journey, and it plans to expand its services into additional sectors, including mobile devices, electronics, and home insurance. The company's mission is to streamline the insurance purchasing process, making it more accessible and user-friendly for consumers.

Jefa is a digital financial platform focused on empowering women by providing them with a user-friendly app that facilitates financial management. Initially launched in Mexico, the platform offers access to a comprehensive financial marketplace, enabling users to send and receive money, automate service payments, and make purchases without incurring hidden fees or commissions. Jefa aims to deliver an affordable, convenient, and secure solution that enhances women's financial independence and decision-making.

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, it offers a comprehensive range of services, including customs brokerage, freight forwarding, cargo insurance, and supply chain financing. By providing standardized and transparent quotes from a network of carriers, Nuvocargo enhances the shipping experience for its clients. The platform features a cloud-based dashboard that enables real-time tracking of cargo, including shipment status and customs clearance. Nuvocargo aims to modernize the logistics industry, which has largely remained undigitized despite its substantial market size. With a fully bilingual team, the company has demonstrated significant growth, achieving over 25% revenue increases month over month since late 2019. Nuvocargo is supported by prominent investors and industry leaders, further solidifying its position in the logistics sector.

Rampa.io is a startup accelerator.

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.

Dataplor Inc. is a location intelligence platform that specializes in collecting and providing business location data, market research, and data collection services. Founded in 2016 and based in Los Angeles, California, with additional offices in Mexico City and São Paulo, the company indexes micro businesses in emerging markets through primary research. Dataplor's platform utilizes machine learning and artificial intelligence to offer real-time data verification and augmentation, enabling businesses to customize their data collection needs efficiently. This innovative approach connects companies with an on-demand mobile workforce, facilitating timely access to accurate insights about local firms.

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.

Bexi, Inc. is a digital marketing company founded in 2016, with its primary operations based in San Francisco and additional offices in Guadalajara, Mexico City, and La Paz. The company offers a comprehensive online platform that provides design and marketing solutions tailored for small and medium-sized businesses (SMBs). Bexi's services include creating banners, digital advertisements, landing pages, emails, infographics, and various marketing materials, all aimed at helping SMBs generate leads without requiring extensive design or marketing expertise. The platform streamlines project initiation, campaign management, and design approval processes, allowing marketing teams to operate more efficiently and affordably compared to traditional creative agencies.

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).

Albo is a prominent challenger bank in Mexico that provides a financial platform designed to simplify money management. The company offers a mobile banking app and a Mastercard, allowing users to easily spend, save, and invest their money. Its platform enables clients to track monetary movements in real-time and facilitates both online and in-store purchases. Additionally, Albo provides features such as categorized expense and income reports, helping users manage their finances more effectively and adapt their banking experience to their individual lifestyles. Through these innovative services, Albo aims to deliver an honest and user-friendly banking experience.

Bexi, Inc. is a digital marketing company founded in 2016, with its primary operations based in San Francisco and additional offices in Guadalajara, Mexico City, and La Paz. The company offers a comprehensive online platform that provides design and marketing solutions tailored for small and medium-sized businesses (SMBs). Bexi's services include creating banners, digital advertisements, landing pages, emails, infographics, and various marketing materials, all aimed at helping SMBs generate leads without requiring extensive design or marketing expertise. The platform streamlines project initiation, campaign management, and design approval processes, allowing marketing teams to operate more efficiently and affordably compared to traditional creative agencies.