Provider of technology and software that allow all smart devices to securely accept card-based payments.
Co-Founder & CEO
Santa Clara, CA
Expansion of card-based payments and growth in acceptance devices globally.
January 27, 2022
MagicCube Launches i-Accept Cloud / Shift4 Invests in MagicCube
MagicCube™, the startup that created the Software Defined Trust (SDT) category, today unveiled i-Accept Cloud™, the world's first open, cloud-based softPOS acceptance platform that simplifies the creation of new merchant payment acceptance and digital commerce solutions. i-Accept Cloud connects the currently siloed parties in the payments' acceptance chain—including acquiring banks, payments systems providers, and merchants—into a software-based, frictionless cloud model that is not tied to legacy hardware or bound by a specific device maker, its operational system, or payment card network. This allows different players to more easily create and manage their own payment acceptance networks.
October 14, 2021
What chip shortage? MagicCube raises $15M to ‘replace all chips,’ starting with POS terminals
MagicCube, a mobile security startup, has raised $15 million in a round led by Mosaik Partners. Bold Capital, Epic Ventures, card-reader/POS hardware maker ID Tech and unnamed individual investors in the fintech space also participated in the financing, which brings the Santa Clara-based startup’s total funding raised to $30 million since its 2014 inception.