# Magic: Fintech, Palo Alto, United States

> Magic: Magic is a pay-by-bank platform that allows users to pay directly with bank accounts and reduces merchants’ payment processing fees, involuntary...

Source: https://millionrounds.com/startup/magic-8 (Millionrounds; every figure on the page links to its filing or article)

United States · [Fintech startup](https://millionrounds.com/companies)

# Magic

Magic is a pay-by-bank platform that allows users to pay directly with bank accounts and reduces merchants’ payment processing fees, involuntary churn, and chargebacks by 80%+.

Listed

Fintech Palo Alto, United States

Company summary

- **Founded:** - not reported
- **Team:** 3 1 to 10 people
- **Funding reported:** - none reported
- **Last round:** - date not reported

How sure we are

- 1 **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Magic has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## Fintech in United States

Startups like it

- [**Dapi** San Francisco](https://millionrounds.com/startup/dapi)
- [**Ready For Zero** Los Angeles · founded 2010](https://millionrounds.com/startup/ready-for-zero)
- [**Pry Financials** San Francisco](https://millionrounds.com/startup/pry-financials)
- [**inai** Delaware City](https://millionrounds.com/startup/inai)
- [**Standard Treasury** San Francisco · founded 2013](https://millionrounds.com/startup/standard-treasury)
- [**Kash** San Francisco · founded 2012](https://millionrounds.com/startup/kash-2)
- [**Procoto** Saint Petersburg](https://millionrounds.com/startup/procoto)
- [**Oxygen** San Francisco · founded 2017](https://millionrounds.com/startup/oxygen-5)

## Is this your company?

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