The most envied credit card in the world is the American Express black card. For anyone not familiar with this black card, only the super elite and wealthy have one. This fabled card literally has no spending limit, you can charge an exotic car, luxury home or anything you want to this card. Owners of the black card also enjoy special privileges, for example, if the concert you want to attend is sold out you can contact American Express and you will soon have your tickets. For most of us, having this card is only a passing fancy.
If you would like to enjoy some of the same benefits as the super elite, now you can with the new black card offered by Magnises. A little over two years ago a young entrepreneur from New Jersey and his friends were discussing how much they would like to have a black card with its many benefits.
With this in mind, Billy McFarland the founder of Spling, an online advertising platform that makes it possible to change your URL from a text link into a graphic image much like a bulletin board. Spling was already a very successful start up, with clients that include Discovery and Universal. Billy McFarland is the young entrepreneur from New Jersey who decided to explore the possibility of creating a new black card for the average person who wanted to enjoy some of the benefits of the original black card and Magnises was born.
Magnises black card members have a 24/7 concierge, enjoy discounts and special treatment at many high-end restaurants and are offered discounts at New York area hotels. Members enjoy gaining admission to private night clubs, scoring the best seats for a ball game or concert and rubbing elbows with the up and coming. The card is not actually a credit card, it transfers data from one of your existing credit cards to the Magnises black card. It is currently available in New York City and Washington D.C. but will soon expand to cities from Los Angeles to London. Enjoying over 10,000 members and having $3 million in venture capital Billy McFarland and Magnises are on the move.
Born in New York, NY in 1991 Billy McFarland was raised in Short Hills, New Jersey and started his first company at the age of thirteen with an online business that matched clients with designers. He briefly studied computer engineering at Bucknell University before leaving college to start the very successful online ad platform Spling.
Billy McFarland’s career is just beginning, he already is receiving accolades from Business Insider who called him a tech whiz, Bloomberg, who referred to him as a mastermind, and CNBC who labeled him as a natural entrepreneur. His passion for connecting people through technology will only continue as he explores new ways to use technology as a social catalyst.