what's Magnolia Financial?

Magnolia Financial is a regulated financial infrastructure provider offering a single API for applications to embed banking, payments, crypto conversions, and price oracles under their own brand. Developers can launch fully compliant services across all 50 US states without needing a bank charter or complex integrations, partnering with banks like BitGo Bank, MapleMark Bank, and FV Bank. The platform supports ACH push/pull, direct deposits, fiat-to-Bitcoin/stablecoin ramps without redirects, and secure Bitcoin price feeds using Discreet Log Contracts to prevent manipulation. Built by engineers from Fold, Lightning Labs, and BitPay, Magnolia targets Bitcoin wallets, apps, and fintechs to enable embedded finance. Backed by Draper Associates, Boost VC, and Bitcoin ecosystem angels, it bridges TradFi rails with Bitcoin, powering features like in-app Bitcoin buys, DCA, and programmatic rebuys for seamless user experiences.

Magnolia Financial announced a fundraise to accelerate growth and added HaileyLennonBTC as Strategic Advisor.