Fintech payments

Magna

Website

Magna is building a platform to turn DeFi investments into financial primitives. Our first product is Carta for Web3, where companies can manage their cap tables and distribute their token equity to employees, advisors, or investors. We’re also building investor infrastructure for institutions to custody investments with on-chain execution and inte

Founded 2022Origin source ↗Checked 2026-09-15

Overview

Magna is building a platform to turn DeFi investments into financial primitives. Our first product is Carta for Web3, where companies can manage their cap tables and distribute their token equity to employees, advisors, or investors. We’re also building investor infrastructure for institutions to custody investments with on-chain execution and intelligence. Our ultimate goal is to use locked tokens as composable building blocks to power collateralized lending, liquid secondary markets, and other DeFi applications.

Launching a token? Let's chat. Are you receiving tokens from your investments? We can also be helpful.

What are our companies saying about the problem?

> Having it all bundled together would make life easier. We have a million things to do. If you have an off-the-shelf thing, we’d use it.

> This wouldn’t be a nice to have, it’d be a have to have.

> Terrible process. We’re manually sending out transactions, going to solscan and manually check that they received our token. Takes hours every week.

> Everything we do is potentially very dangerous. We have to check it thoroughly. I’ve spent several hours a day on this since launch. I imagine every month, it’ll take us at least 1-2 days.

> Manual process every month for the ops team. They likely burn a week.... every month to pay out 150+ addresses.

Company description As recorded 2026-11-08

Founders & team

Previously Maple

Company history As recorded 2026-11-08

Bruno Faviero

Founder

- PM of Palantir's AI Platform. - Founder of Synapse Technology - AI to automate airport security (Acquired by Palantir in 2020). - Angel and VC investor in over 50 companies.

Founder profile As recorded 2026-09-15

Arun Kirubarajan

Founder

- Quant trading at Millennium - Early employee at Vise - Published NLP/ML researcher and CS lecturer at UPenn

Founder profile As recorded 2026-09-15
18team members reported
Source-reported As recorded 2026-09-15

Founded 2022 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthverified profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedNew York City, NY, USA; New York, NY, USA
Pricing evidenceNo pricing page confirmed
Maturity: Not assessed · 3 of 6 areas documented

Source-based assessment · automated evidence rules

The source reports an inactive or acquired company; current product identity needs review.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidenceclassified market and modelsourced peoplesourced founding year