Magic went through Y Combinator in the Summer 2022 batch and describes itself as: Pay by Bank Platform. As of November 10, 2026, Y Combinator's directory lists it as Inactive (Y Combinator directory entry, March 27, 2023).
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Key facts
- · Batch: Summer 2022 · Magic in the Y Combinator directory
- · Industry: Fintech · Magic in the Y Combinator directory
- · Team size: 10 · Magic in the Y Combinator directory
- · Status: Inactive, as listed by Y Combinator · Magic in the Y Combinator directory
Magic went through Y Combinator in the Summer 2022 batch, describing itself as Pay by Bank Platform. Y Combinator's company directory lists it as Inactive. The directory does not say why a company stopped, and this page does not guess.
- Batch
- Summer 2022
- What they did
- Pay by Bank Platform
- Industry
- Fintech
- Team size
- 10
- Status
- Inactive, as listed by Y Combinator
Its batch
Summer 2022 had 237 companies in YC's listing: 185 Active, 15 Acquired, 0 Public and 37 Inactive, so Magic is one of 37 companies from that batch listed as Inactive (16%). Across YC batches at least two years old, 23% of companies are listed Inactive.
Statuses are Y Combinator's own listing in its public company directory, read on the date shown. YC's directory can drop companies altogether, so the Inactive counts here are a floor, not a full count of companies that stopped. Acquired and Public are as YC lists them; neither says anything about the price or the outcome for founders.
The record: Magic in the Y Combinator directory. Measured 2026-11-10 from Y Combinator's company directory.
YC Summer 2022All shut-down YC companiesYC outcomes
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Example from a real report (our sample on Target): “The Q2 2026 earnings report, published August 19, 2026, showed adjusted EPS of $2.46 against an expected $2.33” Source: CNBC
A Full Report on Magic: verified, sourced, every claim cited, ready in a few minutes. See pricing.
What the Full Report on Magic covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
1 cited source found
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