Magic logo — Pioneering a new paradigm for payments and loyalty

Magic

Pioneering a new paradigm for payments and loyalty

Founded 2022 United States New York, United States 7 employees Seed Total: $500.00K Financial Services, Fintech +1

General Information

Company Name Magic
Founded Year 2022
Location United States New York, United States +2
Employees 7
Industries Financial Services, Fintech, Payments
Funding Stage Seed
Social

Get notified when Magic moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About Magic

Magic is a pioneering platform in the financial services, fintech, and payments industries, with a strong focus on revolutionizing payments and loyalty. Established in 2022 in the United States, it has already attracted significant attention and support from a number of prominent investors and angels including Y Combinator, General Catalyst, Hummingbird Ventures, Soma Capital, Goodwater Capital, and Alumni Ventures. Its recent Seed Round investment in 01 June 2023 further solidified its standing in the market. With an ambitious vision and strong backing, Magic is well-positioned to navigate and disrupt the evolving landscape of payments and rewards.

Taxonomy: payments platform, loyalty programs, rewards system, Y Combinator backed, General Catalyst backed, Hummingbird Ventures backed, Soma Capital backed, Goodwater Capital backed, next-generation technology, angel investors, startup, innovation, investment, technology

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Unknown 6 Alumni Ventures 01 Jun 2023
Pre Seed Round $500.00K 1 07 Sep 2022

Magic Alternatives & Competitors

Magic vs
Finblox
Finblox Virgin Islands (british)

A next-generation crypto ecosystem. Buy and earn up to 100x rewards on your crypto

Corporate Round
5 employees
Blockchain, Crypto
Magic vs
Iddiction Inc.
Iddiction Inc. United States

With over 100 million devices reached, Iddiction is one of the world's leading mobile distribution a...

Seed
11-50 employees
Logistics, Mobile
Magic vs

Advanced Financial Forecasting for Banks & Lending Institutions

Seed
11-50 employees
AI, Analytics

FAQ About Magic

Pioneering a new paradigm for payments and loyalty
Magic was founded in 2022.
Magic is headquartered in New York, United States.
Magic operates in the following industries: Financial Services, Fintech, Payments.
Magic has approximately 7 employees.
Magic has completed 2 funding rounds, raising a total of $500.00K. The latest funding stage is Seed.
Top alternatives and competitors to Magic include Finblox, Iddiction Inc., Vector ML Analytics, Craze (YC S22), OppZo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magic and Finblox are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors Magic and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

One analytics cookie (Google Analytics). Cookie Policy