MagmaSend logo

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...

VS
Oxigen logo

Oxigen

Pioneers in Payment collections, Service Aggregation and Service Distribution

882 employees · est. 2004 · Gurgaon, India

Oxigen is the older company (2021 vs 2004); Oxigen is the larger of the two.

Side-by-Side Comparison

MagmaSend Oxigen
Founded
2021 2004 older
Headquarters
Abidjan, Cote D'ivoire (ivory Coast) Gurgaon, India
Employees
24 882 larger
Industry
Finance, Financial Services, Banking Financial Services, Payments, Retail
Funding Stage
Not tracked yet Not tracked yet
Total Funding
Not tracked yet Not tracked yet
Funding Rounds
Not tracked yet Not tracked yet
Services
Not tracked yet Not tracked yet
Target Customers
Not tracked yet Not tracked yet
Taxonomy
Crossborder Transfers, Money Transfer Operator, Financial Technology, API Integration, Mobile Payments, Payment Infrastructure, Seamless Transactions, Aggregator, Instant Transfers, Low-cost Transfers Payment Collections, Service Aggregation, Service Distribution, Aadhaar Enabled Branchless Banking, Cashless Micro Payments, Remittances, Payment Processing Services, Branchless Banking Services, Mobile Money Wallet, Prepaid Payment Instruments, Retail Network, Financial Inclusion, Digital India, Loyalty Solutions
Website
magmasend.com myoxigen.com
MagmaSend logo

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...

Oxigen logo

About Oxigen

Oxigen is a pioneer in payment collections, service aggregation, and service distribution, with a strong focus on expanding its reach to serve the last mile in India. The company offers a wide range of financial services, including Aadhaar-enabled branchless banking, cashless micro payment services,...

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Funding, hiring, leadership and stack changes at MagmaSend and Oxigen — by email.

Frequently Asked Questions

MagmaSend — MAGMA caters to the African diaspora and businesses in providing seamless, instant and low cost crossborder transfers. Oxigen — Pioneers in Payment collections, Service Aggregation and Service Distribution. Both companies operate in related markets but may differ in funding stage, team size, and product focus.
MagmaSend and Oxigen operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Related Comparisons

Compiled from the BounceWatch company index. We last looked at MagmaSend on 28 Oct 2024, and Oxigen 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.

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