Seed financing · Fintech

Lux Capital invests R$22 million in Magie’s seed financing

The August 2024 financing supported the Brazilian WhatsApp-based financial assistant.

Magie received R$22 million in financing led by Lux Capital on August 22, 2024. The investment followed an earlier R$6 million contribution from Canary.

At the time, Magie offered a digital account that allowed users to make Pix payments and pay bills through WhatsApp. The company planned to broaden its customer base, strengthen security and build products using open-finance connections.

Funding history

Seed financing · This roundR$22M
Initial funding disclosureUndisclosed

Sources

  1. Magie financing announcementmobiletime.com.br · Aug 22, 2024