About Magie
Magie is a Financial Services company based in Sao Paulo (Brazil) founded in 2024 by João Camargo. It operates as an AI-enabled digital payments for individuals are managed via WhatsApp. Magie has raised $9 million across 2 funding rounds from investors including Lux Capital. Its website magie.com.br draws about 14 thousand monthly visits. Magie offers products and services including Magie Service and Pix Integration. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its legal entity is Magie Ltda. Its competitors include MoneyGram, NG.CASH, RecargaPay, QIWI and PicPay and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
Magie was established in 2024 in Sao Paulo, Brazil, as an AI-based platform in the fintech sector. Digital payment accounts are offered to individuals for conducting transactions, settling bills, and arranging scheduled payments exclusively through WhatsApp. AI tools are employed to oversee bill management and payment scheduling. Operations focus on streamlined personal finance services within the Brazilian market.
- Headquarters Sao Paulo, Brazil
- Founders João Camargo
- SectorsFinancial Services
- Website magie.com.br
- Social LinkedIn Instagram
- Legal Name Magie Ltda.
- Total Equity Funding$9M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Series A
Jan 2026
- Investors
Products & Services of Magie
Magie offers a comprehensive portfolio of products and services, including Magie Service and Pix Integration.
Platform for WhatsApp-based payments and bill handling
Instant payment system via WhatsApp for secure transfers
Funding Insights of Magie
Magie has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9M
- Total Rounds 2
- Last Round Series A — $5M
- First Round $4M
(Aug 2024)
- Investors Count 1
All 2 funding rounds of Magie with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | $5M | Series A | – | – | |
| Aug 2024 | $4M | Seed | – | Lux Capital | – |
1 investors in total: 1 institutional.
Investors in Magie
Magie has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lux Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage technology companies are funded by Lux Capital. | – | luxcapital.com | Menlo Park, United States |
Investor details for Magie
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Magie
1 people are tracked at Magie (1 in leadership).
| Name | Role | Group |
|---|---|---|
João Camargo | Co-Founder | Leadership |
Complete people profiles for Magie
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- Team structure
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Timeline of Magie
3 dated milestones of Magie across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Magie is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series A, of $5.0M.
Competitors of Magie
Magie has 8 listed competitors in our database, 3 of them funded. They include MoneyGram, NG.CASH, RecargaPay, QIWI and PicPay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| ng.cash | 2021 | – | $49.53M | – | A digital banking platform is operated for the new generation. | |
| recargapay.com.br | 2004 | Sao Paulo, Brazil | $126.9M | – | Mobile wallet services for recharges and payments are provided. | |
| qiwi.com | 2008 | Moscow, Russia | – | – | Consumer payments are enabled via a card-linked wallet app. | |
| picpay.com | 2012 | Vila Velha, Brazil | – | – | Wallet-enabled payment solution for individuals and businesses | |
| carepay.com | 2015 | Amsterdam, Netherlands | $61.81M | – | Provider of a health insurance platform for global insurers | |
| trocados.com.br | 2014 | Manaus, Brazil | – | – | Provider of financial solutions for retailers and consumers | |
| somapay.com.br | 2014 | Fortaleza, Brazil | – | – | Digital banking platform for payroll, payments, and employee benefits management. |
Detailed competitors of Magie
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- Full competitor set
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Web traffic of Magie
The website of Magie (magie.com.br) receives about 13.7K visits a month.
- Monthly visits13.7K
▲ 23.8% vs previous month
Websites whose visitors overlap most with Magie. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mobiletime.com.br | mobiletime.com.br | 100% | – | #817,562 | – |
| notion.so | 88% | 178.3M | #160 | View details | |
startups.com.br | startups.com.br | 82% | – | #432,331 | – |
| google.com | 71% | 85.8B | #1 | View details | |
| linkedin.com | 68% | 1.9B | #18 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Magie
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Magie (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Magie
Complete news archive for Magie
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Frequently Asked Questions about Magie
Magie was founded in 2024.
Magie is headquartered in Sao Paulo, Brazil.
Magie is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Aug 2024.
Magie was established in 2024 in Sao Paulo, Brazil, as an AI-based platform in the fintech sector. Digital payment accounts are offered to individuals for conducting transactions, settling bills, and arranging scheduled payments exclusively through WhatsApp. AI tools are employed to oversee bill management and payment scheduling. Operations focus on streamlined personal finance services within the Brazilian market.
Magie's top competitors include NG.CASH, MoneyGram and RecargaPay.
Magie offers Magie Service and Pix Integration.
Magie has 1 investor. Key investors include Lux Capital.
Magie operates through Magie Ltda..