According to Business Insider, Magnises is a platform that enhances millennials’ professional and social lives. The founder of the platform is 24-year-old Billy McFarland. The rest of this article will discuss Magnises and McFarland.
As of now, Magnises has over 6,000 members and each member pays an annual fee of $250. When a person becomes a member, they receive the Magnises black card. Over half of cardholders range from ages 21 to 29.
The Magnises’ biggest feature is it allows cardholders to transfer data from their current credit card into the Magnises’ card. Members are also able to access various perks, such as exclusive events and parties at a rented penthouse in New York or last-minute restaurant reservations to name a few. Billy McFarland said as many as 200 guests can be at the penthouse on any given night.
About Billy McFarland
McFarland is 24-years-old and he was born in NYC. He was raised in Short Hills, NJ and he founded his first company at the age of 13. He attended Bucknell University in Pennsylvania for a brief period. While there, he studied computer engineering.
The businessman has enjoyed a very successful career. One of the companies he founded was Spling, an online ad platform. In 2013, he founded Magnises and then he launched the card in early 2014. The goal was to create a black card that was based on technology, community oriented, offered perks and to improve members’ everyday lives.
Those who are interested in getting a Magnises black card can visit the company’s offical website.