MagicCube, Inc.

MagicCube, Inc. is a fintech company based in Silicon Valley, founded in 2014 by Sam Shawki and Nancy Zayed. The company specializes in software-defined security solutions for mobile and IoT devices and is headquartered in Santa Clara, California. With $25.95 million raised in funding, MagicCube has reached the Series C stage. The company is known for its innovative software Trusted Execution Environment (TEE) platform, which eliminates the need for hardware-based security in payment systems. Its flagship product, i-Accept™, is a software-based point-of-sale solution that enables secure contactless payments on mobile devices. Additional offerings include miniCloud™, which provides compliance management and security monitoring, and an Assessment Kit for pre-deployment evaluations. MagicCube's technology is designed to reduce costs for merchants and adapt to emerging security threats, making it a unique player in the mobile POS market, trusted by major payment networks like Visa and Mastercard.