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

Who are Malga's investors?

Malga's investors include IGNIA, Latitud Ventures, Norte Ventures, Y Combinator, Costanoa Ventures, QED, Verve Capital.

Where is Malga headquartered?

Malga is headquartered in Rio de Janeiro, BR.

Malga

Rio de Janeiro, BR · Founded 2020 · 46 employees · 8 known investors

Find your way into Malga

947 people in our graph share verified history with the Malga team — schools, employers, funds. One of them is your warm intro.

Vojtech Hornaunlockedknows Alex Vilhena · together at University of Southern California (overlapped)

knows the team · via University of Southern California

×10knows the team · via Y Combinator

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 Plug

Enterprise Software Fintech SaaS Payments B2BBrazilLatin AmericaPartly Remote

Founders & leadership· Y Combinator alumni (S21)

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

Alex Vilhena in 𝕏FounderAlex 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.

Thiago Garuti in 𝕏Co-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.

Investors · 8

IGNIAMexico City · $100K – $5M

Latitud VenturesSanta Rosa · $100K – $5M

Norte VenturesSao Paulo-Sp

Y CombinatorSan Francisco · $500K

Costanoa VenturesreportedSan Francisco · $500K – $8M

QEDreportedAlexandria

Verve CapitalreportedSão Paulo · $20K – $5M

Also in the syndicate · 1

Latitud

Funding

SEC filings, press & company announcements

Undisclosed amountseed roundNov 2021
Costanoa Ventures (lead), Latitud, Norte Ventures, QED, Verve Capital
Source ↗

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

In the news

Plug raises $2.7M to make payment acceptance in Brazil less terrible – TechCrunchtechcrunch.com · Nov 2021

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 in 2020.
Who are Malga's investors?: Malga's investors include IGNIA, Latitud Ventures, Norte Ventures, Y Combinator, Costanoa Ventures, QED, Verve Capital.
Where is Malga headquartered?: Malga is headquartered in Rio de Janeiro, BR.