Magnetic

Magnetic is an AI tax platform that automates data entry from client documents into tax software with high accuracy. In practice that means accepting cards, bank transfers and wallets online or in person.

Who is it for? Mostly any business that takes money. Alongside the main category they mention Artificial Intelligence (AI) and FinTech. As a very small product team themselves (1 to 10 people), they tend to serve customers of a similar scale best. You will probably talk to the people who build it, which is great until you need 24/7 support.

Magnetic is based in San Francisco, California. More on magnetictax.com.

Our checklist for this category: rates, payout timing, chargeback handling, and developer tools. Ask for a trial on your own data, not a canned demo.

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