Magma Partners Invests in Peruvian Startup Chaty

Chaty is an online platform that sells and processes payments across social networks, such as Instagram, WhatsApp, and Facebook Messenger, through artificial intelligence technology.

With the aim of facilitating online transactions, their chatbots enable businesses to take orders and payments from customers with ease via instant messaging services.

Chaty allows customers to browse merchandise and make online purchases across social media channels. Customers receive immediate notifications of payments and can manage their purchases online. All payments and data are secured through SMS authentication managed by the ChatBots.

The Peruvian company was founded by Oscar Orlando Giraldo Castillo, Jorge Estrada, Luis Mayta, and Jorge Paredes in 2017. Magma Partners invested in Chaty in their seed round along with several Peruvian angels.

Chaty was a BBVA Open Talent finalist in 2018 and has recently completed Start-Up Chile, as well as receiving previous funding from Startup Peru.