Wallet-as-a-Service provider Magic has raised $52 million in a round led by PayPal Ventures. The strategic funding round will help the company further its mission of “enabling web3 mass adoption” by serving as Wallet-as-a-Service (WaaS) provider for companies looking to bring customers to Web3, according...
The U.S. Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities, according to a press release. The firm has agreed to settle the charges by giving...
Imagine being able to receive almost anything you want at the drop of a text message. Silicon Valley startup Magic is making that happen but for a price. Magic allows consumers to order services, food and products simply by texting the service, making anything from...
On-demand delivery has become big business as consumers express a growing willingness to shell out cash for convenience. One startup, Magic, is taking that convenience to new levels through its SMS-based service, and reports say venture capitalist Sequoia is betting big on its business model....
May 31, 2023
Wallet-as-a-Service provider Magic has raised $52 million in a round led by PayPal Ventures. The strategic funding round will help the company further its mission of “enabling web3 mass adoption” by serving as Wallet-as-a-Service (WaaS) provider for companies looking to bring customers to Web3, according to a Wednesday (May 31) press release. “Since launching in […]
May 29, 2020
The U.S. Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities,...
January 07, 2016
Imagine being able to receive almost anything you want at the drop of a text message. Silicon Valley startup Magic is making that happen but for a price. Magic allows...
March 27, 2015
On-demand delivery has become big business as consumers express a growing willingness to shell out cash for convenience. One startup, Magic, is taking that convenience to new levels through its...
