When was Magie founded?

Magie was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Magie located?

Magie is headquartered in Sao Paulo, Brazil.

Is Magie a funded company?

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 round, raised on Aug 22, 2024.

When was the latest funding round of Magie?

Magie's latest funding was a $***** Series A round on Jan 14, 2026, with participation from 1 investor.

Where does Magie rank among its competitors?

Magie ranks 2nd amongst 2 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Magie, which secured $5M in Jan, 2026.

Magie - 2026 Company Profile, Team, Funding & Competitors

Magie is a series A company based in Sao Paulo (Brazil), founded in 2024 by João Camargo and Luiz Ramalho. It operates as an AI-based digital payment account platform for individuals. Magie has raised $9M in funding from Lux Capital.

Company Details

AI-based digital payment account platform for individuals. The platform allowing users to make transactions, pay bills, and schedule payments through WhatsApp. The platform utilizes AI technology for managing bills and scheduled payments.

Key Metrics

Founded Year

2024

Location

Sao Paulo, Brazil

Stage

Series A

Total Funding

$9M in 2 rounds

Latest Funding Round

Series A, Jan 14, 2026, $*****

Investors

Lux Capital

Ranked

2^nd among 2 active competitors

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View Magie's full profile

Magie has raised a total funding of $9M over 2 rounds. Its first funding round was on Aug 22, 2024. Its latest funding round was a Series A round on Jan 14, 2026 for $*****. 1 investor participated in its latest round. Magie has 1 institutional investor.

Here is the list of recent funding rounds of Magie:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 14, 2026	1898591	Series A	8683744	2895134	4303603	2276945
Aug 22, 2024	5075027	Seed	8915169	8617154	Lux Capital	1319717

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View details of Magie's funding rounds and investors

The founders of Magie are João Camargo and Luiz Ramalho.

Here are the details of Magie's key team members:

João Camargo: Co-Founder, CPO of Magie.
Luiz Ramalho: Former Co-Founder of Magie.
Contact Info: 1 email address

View details of Magie's Founder profiles and Board Members

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Top competitors of Magie include Hubla. Here is the list of Top 10 competitors of Magie, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hubla 2020, Sao Paulo (Brazil), Series A	Application of earning money	$12.8M	Kaszek, FJ Labs & 4 others	46/100
2nd	Magie 2024, Sao Paulo (Brazil), Series A	AI-based digital payment account platform for individuals	$9M	Lux Capital	42/100