Magma Partners

Magma Partners is an early-stage venture capital firm established in 2014 and headquartered in Santiago, Chile. The firm specializes in supporting Latin American entrepreneurs as they expand into the US market, with a particular focus on fintech, insurtech, and blockchain startups. Magma Partners has a global reach, maintaining offices in California, Colombia, Mexico, and China, and has invested in 38 companies across various countries, including Chile, the USA, Mexico, Colombia, Peru, Argentina, Puerto Rico, and Costa Rica. Currently, the firm is investing through its second fund, which has raised $15 million from partners in Chile, the US, and China. Additionally, Magma Partners runs the Sino-Latin American accelerator, aimed at facilitating business opportunities between Chinese entrepreneurs and Latin American markets.

Codie Sanchez

Venture Partner

Past deals in Argentina

Rebill

Seed Round in 2022
Rebill provides merchants with a unique control panel, and an API (programmatic environment) as well as pre-made payment pages so they can sell online in multiple regions very quickly, integrating with the financial entities and payment gateways they want. All customer's information, including non-sensitive card and subscription information, are stored at Rebill. Who, in turn, manages the recurrence of the collection of subscriptions, monitoring of card expiration and automatic collection retries to avoid delays and securing a predictable revenue model. Rebill is the last mile solution to improve the shopping experience for international stores. Provides flexibility to change providers: banks, or payment gateways, without losing information and in a matter of minutes. From Rebill, businesses can integrate multiple cloud services such as CRM (for customer management), or ERP (for business management), as well as local invoicing systems, among others.