Malga
Malga is a Brazilian payment orchestration infrastructure company that connects digital businesses to 20+ payment providers, antifraud solutions, and wallets through a single PCI DSS Level 1 API, serving fintechs, marketplaces, e-commerce, tourism, logistics, and events across Latin America.
- Company typePrivate
- Founded2019
- HeadquartersRio De Janeiro, Brazil
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Malga does
Malga is a Brazilian payment infrastructure company that provides payment orchestration as a service, enabling businesses to connect to multiple payment providers, antifraud solutions, and payment methods through a single API integration. Founded in 2019 (formerly operating as Plug, rebranded to Malga in January 2023), the company is headquartered in São Paulo and serves primarily Brazilian and Latin American digital businesses across fintechs, marketplaces, e-commerce, tourism, logistics, health and beauty, and entertainment verticals.
The core platform is a PCI DSS Level 1-certified orchestration engine that connects to 20+ payment providers and antifraud solutions including Adyen, Cielo, PagSeguro, Pagarme, Mercado Pago, PicPay, Rede, Braintree, Stripe, Barte, Bolt, Banrisul, Banco do Brasil, NuPay, and VTEX. Built on a REST API with SDKs for JavaScript, React, Vue, and Angular, the platform provides intelligent routing, automatic retries, split payments, recurring payment management, card and brand-level tokenization, and provider-agnostic 3DS authentication as modular components. Documented product launches span 2024 through 2026, including Payouts API, Platform Fee, Tokenization V2, Subscriptions, B2E, and Payment Link 1:N.
Malga generates revenue primarily through transaction fees on payment processing routed through connected providers, supplemented by configurable platform fees that marketplaces and B2B platforms can charge their merchants. The go-to-market combines API-first self-serve capabilities with enterprise field sales through 'Talk to a specialist' consultation requests. The company has raised approximately $8.4M in disclosed funding across a 2021 seed round ($2.7M, led by Costanoa Ventures with QED Investors, Latitud, and Norte Ventures) and a $5.57M Series A in February 2025 (led by Costanoa Ventures, iDEXO, and TOTVS), and reports processing millions of monthly transactions across a base of 16+ named customers.
Malga firmographics
Firmographics- Name
- Malga
- Legal name
- Malga
- Website
- https://malga.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Malga is a Brazilian payment orchestration infrastructure company that connects digital businesses to 20+ payment providers, antifraud solutions, and wallets through a single PCI DSS Level 1 API, serving fintechs, marketplaces, e-commerce, tourism, logistics, and events across Latin America.
- Ownership category
- akta.pro rank
Malga industry classification
Industry- Product category
- Payment Orchestration Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Payment Orchestration Platforms (FSAGABAA)
Keywords
Where Malga is headquartered
LocationHeadquarters
- HQ city
- Rio De Janeiro
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Malga business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Processing Transaction Fees: Revenue generated from processing payment transactions across connected providers. The platform acts as an intermediary, charging fees for transaction routing and orchestration services.
- Platform Fees: Configurable platform fees that marketplace and platform operators can charge merchants by payment method. Supports percentage, fixed amount, or combined fee structures.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Malga product offering
Product offeringCore offering
Malga provides an intelligent payment orchestration platform that connects businesses to multiple payment providers, antifraud solutions, and payment methods (PIX, Boleto, Credit Card, Apple Pay, Click to Pay) through a single API integration. Its core services include smart routing, automatic retries, split payments, card and brand tokenization, provider-agnostic 3DS authentication, subscription management, and real-time performance analytics, with complementary products such as Checkout Malga and payment links for digital businesses primarily in Brazil and Latin America.
Product overview
Malga is an Intelligent Payment Infrastructure platform (not a traditional gateway) offering modular payment orchestration with a unified API. The core platform provides payment orchestration with intelligent routing and automatic retries, which powers all frontend-facing products including Checkout Malga (customizable checkout) and Link de Pagamentos (payment links for non-ecommerce channels). Add-on modules include 3DS Agnóstico (provider-agnostic authentication), Split de Pagamentos (multi-recipient splits), Pagamentos Recorrentes (subscription engine), Tokenização e Proteção de Dados (card/brand tokenization), Provedores Antifraude (antifraud integration), and Performance de Pagamentos (analytics dashboard). The platform connects to 15+ payment providers and antifraud solutions through its Conexões ecosystem, enabling complete customization of payment flows.
Differentiator
Problem solved
Functional benefit
Brands
- Checkout Malga: Transparent, responsive and 100% customizable checkout solution for digital businesses.
- Malga Drops
Products and services
- Orquestração de Pagamentos (Payment Orchestration)
Quantifiable outcome
- Approval rate improvement from 13% to 80% documented for logistics company Garupa
- +7 more outcomes
Companies that use Malga
Customer profileNamed customers17 records
Segments8 records
Ideal customer profiles5 records
Malga technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
AI capability4 records
Feature12 records
Malga partnerships and signals
Strategic signalPartnerships
22 partnerships are on record, tiered core and supporting.
- AdyencoreAdyen is integrated as a payment provider on Malga's platform, offering credit card, PIX, and boleto processing. As a global payments platform, Adyen enables businesses to accept international currencies and process high-volume sales worldwide with integrated 3DS and various payment methods.
- BanrisulsupportingBanrisul is a state-owned bank from Rio Grande do Sul offering financial and payment solutions for businesses including acquiring, cards, credit, and financial management. Connected as a PIX provider on the Malga platform.
- BartecoreBarte is a payment platform focused on SMEs that also offers credit in up to 21x installments for B2B businesses. Integrated as a credit card provider, helping improve cash flow and liquidity for businesses.
- Banco do BrasilsupportingBanco do Brasil offers robust solutions for online payments and PIX, serving businesses of various sizes. Known for market trust and tradition, connected as a PIX provider.
- BoltcoreBolt is an acquirer and card operator that credentializes establishments to accept credit and debit card transactions, communicating with card networks and banks to authorize, capture, and settle payments to merchants. Also offers receivables anticipation.
- BraintreecoreBraintree, a PayPal company, operates globally offering online payment solutions with advanced fraud prevention features. Known for operational flexibility and robustness, integrated as a credit card provider.
- BraspagcoreBraspag, part of Cielo, offers payment processing solutions in Latin America with Split functionality and integration of various payment methods for e-commerce and marketplaces, providing security and practicality.
- BS2supportingBS2 is a financial solutions provider connected as a PIX provider on the Malga platform, offering payment solutions for businesses.
- KondutocoreKonduto is an antifraud provider integrated on the Malga platform for real-time fraud detection and prevention in payment transactions.
- ClearsalecoreClearsale is an antifraud provider offering advanced fraud detection solutions, integrated on the Malga platform to protect transactions.
- VTEXcoreVTEX is an e-commerce platform with a native plugin available for Malga, enabling rapid integration for VTEX-based online stores to access Malga's payment orchestration capabilities.
- NuPaycoreNuPay is a digital wallet provider integrated on the Malga platform, offering alternative payment methods that reduce fraud risk for e-commerce businesses.
- PagarmecorePagarme is a payment provider integrated on the Malga platform offering credit, PIX, and boleto processing with split payment capabilities.
- PagSegurocorePagSeguro is a major Brazilian payment provider integrated on the Malga platform offering credit card, PIX, and boleto processing.
- GetnetcoreGetnet is a payment provider integrated on the Malga platform offering credit card and PIX processing services for businesses.
- CielocoreCielo is a major Brazilian payment acquirer integrated on the Malga platform for credit card and various payment method processing.
- Rede/EREDEcoreRede (EREDE) is a Brazilian payment network integrated on the Malga platform for credit card processing and payment solutions.
- Safra PaysupportingSafra Pay is a payment solution from Banco Safra integrated on the Malga platform for credit card processing including zero-dollar authorization support.
- Mercado PagocoreMercado Pago, the payment solution from Mercado Libre, is integrated on the Malga platform offering various payment methods for e-commerce.
- PicPaycorePicPay is a popular Brazilian digital wallet integrated on the Malga platform for PIX and other payment method processing.
- DripsupportingDrip is an installments solution provider integrated on the Malga platform allowing custom installment configurations for transactions.
- KlapsupportingKlap is a payment provider integrated on the Malga platform offering alternative payment solutions for businesses.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Malga competitors and assessment
Company assessmentDirect peers
- Primer: Primer is a global payment orchestration platform that unifies 300+ payment methods and services through a single API. It is the closest international analogue to Malga's value proposition (smart routing, retries, agnostic provider layer) and validates the category Malga is pursuing in LatAm.
- Spreedly: Spreedly provides payment orchestration and vaulting infrastructure, allowing merchants to connect to multiple payment services via a single API. Its feature set (tokenization, routing, vault, 3DS) closely mirrors Malga's offering, making it a direct global competitor.
- Corefy: Corefy is a payment orchestration platform offering smart routing, cascading, and unified connections to acquirers and PSPs. As a dedicated orchestration layer competing for the same merchant pain points Malga addresses, Corefy is a category peer.
- Zoop: Zoop is a Brazilian payment infrastructure platform offering embedded payments and orchestration for marketplaces and platforms. Its target market (B2B platforms, marketplaces) and feature set (split payments, multi-acquirer, white-label) directly overlap with Malga's.
Broad incumbents
- Pagarme: Pagarme is a major Brazilian payment processor offering credit, PIX, and boleto with split-payment capabilities. While Malga integrates Pagarme as a provider, Pagarme's growing feature set (smart routing, multi-acquirer) makes it a competitor as well as a partner.
- Braspag (Cielo): Braspag, owned by Cielo, offers payment processing solutions in Latin America with split functionality and various payment methods for e-commerce and marketplaces. As an incumbent acquirer-affiliated platform expanding into orchestration, Braspag is both partner and competitor.
- Stripe: Stripe's global payments platform increasingly supports orchestration features (Smart Retries, multiple acquirer routing). While not Brazil-native in the same way Malga is, Stripe is the global benchmark for API-first payment infrastructure and competes for the same developer-led merchants.
- Adyen: Adyen is a global payments platform integrated into Malga as a provider. While Adyen is currently a partner, its direct-to-merchant offering in Brazil and global multi-acquirer capabilities position it as a potential competitor for large enterprise merchants Malga serves.
Regional players
- EBANX: EBANX is a Brazilian-founded cross-border payments platform serving LatAm merchants with multi-acquirer connectivity. Its regional focus and merchant base overlap with Malga's, particularly in marketplace and cross-border e-commerce.
Others
- VTEX: VTEX is a leading LatAm e-commerce platform with which Malga has a native integration. While not a direct competitor, VTEX's payments strategy and any embedded payment features would affect Malga's distribution and competitive position in e-commerce.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Malga social profiles
Digital presenceMalga compliance and trust
Trust signalCompliance1 record
Malga financial estimates
Financial estimateRevenue estimate
Valuation estimate
Malga leadership team
Management profileNumber of profiles
Profiles4 records
Malga funding detail
Funding detailFunding overview
Funding rounds3 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Malga M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Malga
What does Malga do?
Malga provides an intelligent payment orchestration platform that connects businesses to multiple payment providers, antifraud solutions, and payment methods (PIX, Boleto, Credit Card, Apple Pay, Click to Pay) through a single API integration. Its core services include smart routing, automatic retries, split payments, card and brand tokenization, provider-agnostic 3DS authentication, subscription management, and real-time performance analytics, with complementary products such as Checkout Malga and payment links for digital businesses primarily in Brazil and Latin America.
Is Malga a public or private company?
Malga is a private company. It is classified as venture growth investor backed and is currently operating.
When was Malga founded?
Malga was founded in 2019. It employs 51 to 100 people.
Where is Malga based?
Malga is headquartered in Rio De Janeiro, Brazil, in the Latin America region.
How does Malga make money?
Two revenue lines are on record. Payment Processing Transaction Fees are the primary driver. The others are platform Fees.
Who are Malga's main competitors?
Direct peers on record are Primer, Spreedly, Corefy and Zoop. Broad incumbents are Pagarme, Braspag (Cielo), Stripe and Adyen. EBANX is listed as a regional player. VTEX is listed as an others.
Does Malga have an API?
Yes. REST API for payment orchestration, supporting charges, subscriptions, customers, merchants, providers, vendors, sellers, payouts, prepayments, flows, webhooks, reports, settings, and platform fee management. Includes analytics API, client-token for frontend use, and sandbox environment. Developer documentation is at docs.malga.io.
What industry is Malga in?
Malga's product category is Payment Orchestration Infrastructure. Its primary akta.pro industry code is FSAGABAA, Payment Orchestration Platforms. Its NAICS code is 522320 and its SIC code is 7370.