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Venture Capital News: Magic Announces $52M Strategic Funding

2023-05-31
SAN FRANCISCO, CA, Magic announced it has raised $52M.
Magic, the leading wallet-as-a-service provider, announced it has raised $52M in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The new round brings the total raised to more than $80M.
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