Magnises is a black card that has been invented by a tech entrepreneur called Billy McFarland. According to The Guardian, Billy McFarland says that the aim is to form a networking or a community for the young people aged between 21 and 35 years. The black card is not a credit card and targets individuals working in various industries that include fashion, finance, and the technology industry.
Currently, the card target individuals living in the east coast cities of New York and Washington DC. However, according to the founder, there are plans to expand the card to other cities across the United States such as Boston, Atlanta, and Chicago.
The application process is simple and involves visiting their website and filling the join now form. There is also a phone interview before you qualify to become a member of the club.
As of today, the company has managed to broker partnerships with over 50 companies with the main aim of improving the lives of their subscribers. Some of their partners include the La Esquina Hotel, the Arlington Club, and the Omar’s Club. Plans are underway to treat its subscribers with the services of the best chefs in New York and Washington DC.
The founder of the card is a college dropout. He dropped from Bucknell University where he was studying computer science. Before dropping out, he established another company called the Spling that proved to be a success. This was a company specialized in making URLs look cuter and managed to attract big guns in the market such as Discovery and the Universe.
The company has also caught the attention of Kevin Liles who is the former chief executive officer of Def Jams. Finally, another big name behind Magnises is Patrick McMullan, the nightlife photographer.