Malga
Company Overview
Malga, formerly known as Plug, is a fintech company based in Rio de Janeiro, Brazil. Launched in 2021, Malga specializes in the payments sub-industry, offering a payment orchestration platform that connects to multiple providers and services with a single integration. The company serves clients in Brazil, Latin America, and remotely, operating as a SaaS and B2B entity in its early stage of business. Malga is part of the Y Combinator S21 batch and has a team of 46 members.
Services
Malga offers various services aimed at simplifying and securing payments for digital businesses. These services include a payment orchestration platform that connects to multiple providers, anti-fraud protection, and a payment link solution for direct sales via channels like WhatsApp and Instagram. Additional services include payment splitting for marketplaces, plugins and SDKs for e-commerce integration, transparent checkout experiences, card tokenization for recurring payments, and retry and routing mechanisms to optimize sales capture. An analytics and dashboard feature allows businesses to monitor performance and make informed decisions.
Payment Orchestration Platform
Malga's payment orchestration platform simplifies online transactions by connecting businesses to multiple payment providers through a single integration. The platform includes features such as retry and routing mechanisms to increase approval rates and reduce costs. With the ability to change between payment providers on a transaction-by-transaction basis without writing code, Malga ensures flexibility and efficiency for its clients. Additionally, the platform provides anti-fraud protection by mixing providers with ideal anti-fraud capabilities, ensuring secure transactions.
Anti-Fraud Protection and Security
Malga emphasizes security through its anti-fraud protection by mixing providers with ideal anti-fraud measures to ensure secure transactions. The company's platform encrypts transaction data and customer information, safeguarding sensitive details. Malga also utilizes card tokenization to enhance security, facilitating recurring payments and simplifying one-click sales. This comprehensive security approach helps businesses maintain the integrity of their transactions while minimizing risks.
User-Friendly E-commerce Integrations
Malga makes it easy for businesses to integrate payment solutions through user-friendly plugins and SDKs designed for various e-commerce platforms. These integrations enable businesses to start charging customers quickly and efficiently, offering a transparent checkout experience that keeps customers within the online store environment without redirection. With the implementation of a payment link solution, Malga also simplifies sales on channels like WhatsApp and Instagram, making the purchasing process straightforward for both businesses and customers.