Magic, a wallet-as-a-service (WaaS) provider, has raised $52m (£42m/€49m) in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The latest round brings the total raised to over $80m. Magic works with companies that are looking for a way to incorporate Web3 into their offerings. Magic …
