MAGMA
MAGMA provides international payment services for businesses, combining incoming and outgoing transfers, currency exchange and online account opening with dedicated human support.
Project overview
MAGMA supports companies moving money between countries and managing day-to-day financial operations. Its offering covers supplier settlements, client payments, internal transfers and currency exchange across major and local currencies, including African markets.
Product focus
The product focuses on businesses with multiple partners, cross-border payment flows and multi-currency balances. It also offers payment infrastructure for agents who want to operate a payment business without building the infrastructure themselves.
Product experience
Corporate cash-flow services, currency conversion and international transfers are brought together with fully online account opening and dedicated support. The agent offering covers onboarding, compliance, payments, accounts, analytics and FX.
Key features
Corporate cash flows
Incoming and outgoing payments for supplier settlements, client transactions and internal transfers.
Currency exchange
Conversion across major and local currencies for businesses managing multi-currency operations.
International transfers
Send and receive payments across Europe and worldwide through a range of payment routes.
Payment infrastructure for agents
An offering that covers onboarding, compliance, payments, accounts, analytics and FX.
Online account opening
A fully online account-opening process for business customers.
Human support
Dedicated support from real people for international payment operations.
Product at a glance
Global payments
Core offering
Major & local
Currency coverage
Agent infrastructure
Additional offering
More work
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