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Malga

YC S21

Rio de Janeiro, BR · Founded 2020 · 46 employees · 14 known investors

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Malga provides a modular payment infrastructure and orchestration platform that enables companies to build customized payment flows with multiple processors and methods integrated in a single system. The platform serves online merchants and enterprises seeking to increase approval rates, reduce fraud, and consolidate payment operations.

Also known as Le Cassange Ltd. · Plug

Enterprise SoftwareFintechSaaSPaymentsB2BBrazilLatin AmericaPartly Remote

Founders & leadership· Y Combinator alumni (S21)

Malga was founded in 2020 by Alex Vilhena, Thiago Garuti, and Alex Liao Vilhena.

AVAlex Vilhena
Alex VilhenaFounderAlex Vilhena grew up in Brazil and the United States, and has spent the past seven years working at technology companies across the US and Europe.
TGThiago Garuti
Thiago GarutiCo-founder e COOThiago Garuti studied industrial engineering and spent eight years working at hedge funds in Rio de Janeiro before joining venture builder Finxi in 2015, progressing from project manager to product roles. He founded Medicinae Solutions in 2016, overseeing product and development until the company was acquired by Afya in 2019.
ALAlex Liao Vilhena
Alex Liao VilhenaCofounder and CEO
MN
Marcel NicolayFounder

Investors · 14

Gaingelslisted by GaingelsNew York · $200K – $500K

How we know: gaingels.com · Not right? Tell us

IGNIAlisted by IGNIAMexico City · $100K – $5M

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Latitud Ventureslisted by Latitud VenturesSanta Rosa · $100K – $5M

How we know: techcrunch.com · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Norte Ventureslisted by Norte VenturesSao Paulo-Sp

How we know: Norte Ventures's portfolio page · techcrunch.com · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Costanoa VenturesreportedSan Francisco · $500K – $8M

How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us

Drakkar Capital TLDreportedMontreal

How we know: Y Combinator's founder network · Not right? Tell us

GeometryreportedBay Area · $500K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Harvard Management CompanyreportedAllston

How we know: Y Combinator's founder network · Not right? Tell us

QED InvestorsreportedAlexandria · $30K – $20M

How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us

The Raba PartnershipreportedCape Town · $50K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Verve CapitalreportedSão Paulo

How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us

Zachary Ginsburg FundsreportedLynnwood

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Malga went on to found or lead other companies.

Rodrigo DantasMembro do conselho executivoFounded Vindi +1Alex VilhenaFounderFounded The Focal PointAlex VilhenaFounderFounded Plug

Related companies · 5

DisputeNinjaDisputeNinja is an AI platform that automates chargeback dispute handling for payment teams, using AI to collect evidence, draft narratives, and generate optimized responses to maximize recovery rates.
AbacusAbacus provides real-time expense management software that handles employee reimbursements, corporate card reconciliation, and automated expense policy enforcement for companies. The platform replaces traditional month-end expense reports with mobile submission and approval workflows, syncing transaction data with accounting systems to reduce manual bookkeeping.
PalommaPalomma provides AI-powered financial services and payment infrastructure for the real estate sector in Latin America, serving tenants, landlords, and property management companies. The platform handles the full rental lifecycle with products including payments, payment protection, advance disbursement, and flexible payment options.
AspireAspire provides corporate account and card solutions for businesses with complex operations, offering relationship management and an online platform for employee spending oversight.
CarddaCardda provides corporate spend management through virtual and physical cards, automated payments, and real-time expense visibility for businesses across industries. The platform centralizes expense control, invoice management, and financial operations for teams of any size.

Companies working in the same space as Malga.

Legal entities · 1

corporate structure
Le Cassange Ltd.

Frequently asked questions

What does Malga do?
Malga provides a modular payment infrastructure and orchestration platform that enables companies to build customized payment flows with multiple processors and methods integrated in a single system. The platform serves online merchants and enterprises seeking to increase approval rates, reduce fraud, and consolidate payment operations.
Who founded Malga?
Malga was founded by Alex Vilhena, Thiago Garuti, Alex Liao Vilhena in 2020.
Who are Malga's investors?
Malga's investors include Citrino Ventures, Gaingels, IGNIA, Latitud Ventures, Norte Ventures, Y Combinator, Costanoa Ventures, Drakkar Capital TLD and 6 more.
Where is Malga headquartered?
Malga is headquartered in Rio de Janeiro, BR.