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

Associate

Makote Gutierrez

Partner

Jie Hao Ph.D

Venture Partner

Juan Kontarovsky

Investor

Jiating Li

Principal

Nathan Lustig

Managing Partner

Nabil Meralli

Venture Partner

Eugenio Perea

Venture Partner

Francisco Saenz Rica

Partner

Codie Sanchez

Venture Partner

Sophia Wood

Venture Partner

Pedro Pablo Del Campo

Partner

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.

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.

Chaty

Seed Round in 2018
Founded in 2018, Chaty is an online platform headquartered in Lima, Peru. It helps restaurants sell products online and build customer loyalty by offering a chatbot for order taking and secure payment processing.

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.

Jooycar

Seed Round in 2016
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.
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