MagaluPay
Financial ServicesSão Paulo, Brazil501-1000 Employees
MagaluPay operates in financial services as part of the Magalu ecosystem, developing payment technologies in-house. Its offerings span digital accounts, receivables management, split payments, withdrawals and transfers, corporate payments, acquiring, Pix, card and credit services, and more. The platform reaches millions of customers nationwide and is oriented toward digitizing businesses and expanding financial access for Brazilian entrepreneurs. Based in São Paulo, Brazil, MagaluPay is positioned in the financial services sector as a notable player in payments and related financial solutions. The company has grown rapidly in recent years and is described as one of the larger entities in its segment. With a focus on serving Brazilian entrepreneurs and other businesses, it seeks to provide scalable digital tools that support inclusion in the financial system.