Finally sharing our $4m seed round led by Lux Capital their first investment in Brazil.

This is just the beginning of our journey to build Magie as the trusted AI-agent for finance, starting with payments.

Brazil has a set of unique conditions that make it the perfect place for us to start: a large profit pool in retail banking, a favorable regulatory environment and a way to distribute it to millions through Whatsapp

Finally sharing our $4m seed round led by Lux Capital their first investment in Brazil.

This is just the beginning of our journey to build Magie as the trusted AI-agent for finance, starting with payments.

Brazil has a set of unique conditions that make it the perfect place for us to start: a large profit pool in retail banking, a favorable regulatory environment and a way to distribute it to millions through Whatsapp

https://techcrunch.com/2024/08/22/lux-capital-made-its-first-investment-in-brazil-a-4m-seed-for-ai-fintech-magie/