Magma Partners

Magma Partners is an early-stage venture capital firm that supports Latin American entrepreneurs seeking to launch and scale in the US market, with a focus on fintech, insurtech, blockchain, marketplaces and software-as-a-service. The firm is headquartered in Santiago, Chile, and maintains offices in California, Colombia, Mexico and China. Since its founding in 2014, it has backed a broad set of startups across Chile, the US and other Latin American markets, and operates the Sino-Latin American accelerator to facilitate cross-border ventures.

Alexa Clark

Analyst

Makote Gutierrez

Partner

Jie Hao Ph.D

Venture Partner

Juan Kontarovsky

Investor

Jiating Li

Principal

Past deals in Peru

Kushki

Series B in 2021
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

Series A in 2020
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.

Keynua

Seed Round in 2019
Keynua is a Peruvian company founded in 2019 that specializes in developing e-signature solutions combined with identity verification services tailored for the Latin American market. Headquartered in Lima, the company offers a unique platform that utilizes innovative 3-second video signatures, enabling users to identify signatories, validate transactions, and approve documents securely. This technology reduces the burden of traditional identity verification processes while enhancing protection against fraud, making it an effective tool for various business applications. Keynua's focus on streamlined and secure digital signatures addresses the growing demand for efficient and reliable identification methods in the region.

Vozy

Pre Seed Round in 2019
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.

Kushki

Series A in 2018
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.

Keteka

Seed Round in 2017
Keteka is an online tours and activities marketplace and booking platform that operates a community-based adventure travel platform, offering a database of tours and activities and enabling travelers to book authentic, safe experiences with validated local guides from developing communities. The service serves customers worldwide and is based in Panama, with operations in Guatemala, Ecuador, Peru, and Chile. Keteka emphasizes dignified economic opportunities for local communities by connecting travelers with local guides and fostering responsible, culturally immersive travel experiences.
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