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 Credits and Lending

Altis

Seed Round in 2025
Altis is a fintech infrastructure platform that uses key partners and cutting-edge technology to make credit accessible.

Divibank

Venture Round in 2025
Divibank is a fintech company that develops software to facilitate business access to financial products and services from accredited institutions. Its platform integrates multiple payment methods, aiming to reduce costs, increase transaction approvals, and drive sustainable growth for businesses seeking efficient expansion.

Vexi

Venture Round in 2023
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.

Verqor

Seed Round in 2022
Verqor is a platform that provides financing and technology solutions for the agricultural sector. It enables farmers to acquire inputs and equipment on credit through cashless transactions, supported by a data-driven credit scoring approach that promotes financial inclusion and modernization of farming practices. The platform also serves financial institutions by presenting low-risk agricultural lending opportunities based on credit criteria that consider nontraditional data sources. In addition, it helps crop buyers achieve more reliable supply chains by linking lenders, farmers, and buyers with transparent credit and procurement information. Verqor focuses on improving control and transparency across the agricultural value chain, accelerating access to capital, and enabling farmers to adopt new technologies and inputs to boost productivity.

Paisa

Pre Seed Round in 2022
Paisa is a financial technology company focused on enhancing the financial security of families that receive remittances. It operates a credit platform aimed at improving financial health through the remittance cash economy. By leveraging this economy, Paisa develops a robust digital financial services infrastructure, offering business-to-business lines of credit to remittance agencies to address liquidity gaps. Additionally, the company provides microloans directly to remittance recipients, facilitating easier access to loans for individuals and families reliant on these funds.

Vexi

Venture Round in 2022
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.

Vexi

Seed Round in 2021
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.

Divibank

Seed Round in 2021
Divibank is a fintech company that develops software to facilitate business access to financial products and services from accredited institutions. Its platform integrates multiple payment methods, aiming to reduce costs, increase transaction approvals, and drive sustainable growth for businesses seeking efficient expansion.
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