MagmaSend
MAGMA caters to the African diaspora and businesses in providing seamless, instant and low cost crossborder transfers
24 employees · est. 2021 · Abidjan, Cote D'ivoire (ivor...
Motion Pay
Delivers efficient & secure alternative payment solutions for Canadian businesses by integrating global digital wallets
9 employees · est. 2015 · Ottawa, Canada
Motion Pay is the older company (2021 vs 2015); MagmaSend is the larger of the two.
Side-by-Side Comparison
| Metric | MagmaSend | Motion Pay |
|---|---|---|
| Founded | ||
| Founded | 2021 | 2015 older |
| Headquarters | ||
| Headquarters | Abidjan, Cote D'ivoire (ivory Coast) | Ottawa, Canada |
| Employees | ||
| Employees | 24 larger | 9 |
| Industry | ||
| Industry | Finance, Financial Services, Banking | Information Technology |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Not tracked yet |
| Total Funding | ||
| Total Funding | Not tracked yet | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | Not tracked yet | Not tracked yet |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Crossborder Transfers, Money Transfer Operator, Financial Technology, API Integration, Mobile Payments, Payment Infrastructure, Seamless Transactions, Aggregator, Instant Transfers, Low-cost Transfers | Cross Border Payment, Global Digital Wallets, Alternative Payment Solution, Mobile Payment, Point-of-Sale (POS) Systems, Alipay, WeChat Pay, UnionPay, Secure Payment Solutions, Canadian Business Solutions, International Payment, Digital Wallet Integration |
| Website | ||
| Website | magmasend.com | motionpay.ca |
About MagmaSend
MagmaSend is a financial technology startup founded in 2021 that aims to revolutionize the cross-border payment experience for the African diaspora and businesses. The company's slogan "MAGMA caters to the African diaspora and businesses in providing seamless, instant and low cost crossborder transf...
About Motion Pay
Motion Pay is a Canadian startup that delivers efficient and secure alternative payment solutions for Canadian businesses by integrating global digital wallets. Established in 2015, MotionPay is a leading mobile payment service provider offering a fully licensed backend server platform and system. T...
We will tell you when either one moves
BounceWatch watches MagmaSend and Motion Pay for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at MagmaSend and Motion Pay — by email.
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Compiled from the BounceWatch company index. We last looked at MagmaSend on 28 Oct 2024, and Motion Pay on 13 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.