Magic

📍 San Francisco, United States🗓 Founded 2022👥 3 employees💰 Last funded Jun 2023
Magic helps merchants seamlessly accept direct bank payments to reduce processing fees, cut churn, and eliminate chargebacks. Were backed by Y Combinator, General Catalyst, Hummingbird Ventures, Soma Capital, Goodwater Capital, and other world-class investors and angels. Focusing on B2C businesses in the US, were on a mission to make payments faster, cheaper, and more secure through pay-by-bank.
1
Total investors
1
Early stage
0
Mid stage
0
Late stage
2022
Founded

Investors

1 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
India
1
Frequently asked questions
Who invested in Magic?
Magic has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Magic last raise funding?
The most recent investment in Magic recorded on gritt.io was in June 2023.
When was Magic founded?
Magic was founded in 2022.
What industry is Magic in?
Magic operates in Technology, Information and Internet. Find similar Technology, Information and Internet investors on gritt.io.
Where is Magic based?
Magic is headquartered in San Francisco, United States.