Transak provides a developer‑focused payments infrastructure that lets fintech apps, wallets, and other platforms embed fiat‑to‑crypto and crypto‑to‑fiat conversion directly within their product. Through a single API, customizable SDKs, and white‑label widgets, it handles KYC/AML compliance, connects to local payment methods in over 64 countries, and supports 136 cryptocurrencies and stablecoins, enabling rapid, compliant on‑ramp and off‑ramp experiences.
Funding
$16M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
9OICTFounders
Product
Problem
Many digital platforms lack a compliant, scalable way to let users convert fiat money into cryptocurrencies or stablecoins, requiring them to build complex KYC, AML, and payment integrations across multiple jurisdictions.
Solution
Transak offers a developer‑focused payments infrastructure that provides a single API and customizable SDKs for web, mobile, and embedded widgets, enabling apps to onboard, fund, and withdraw crypto directly within their product. The platform handles regulatory compliance, including built‑in KYC/AML checks, and connects to local payment methods in over 64 countries, supporting 136 cryptocurrencies and stablecoins. By abstracting the fiat‑to‑crypto on‑ramp and off‑ramp processes, Transak reduces integration time to minutes and eliminates the need for separate banking relationships or fraud‑prevention systems. Transaction settlement is accelerated through stablecoin rails, cutting settlement times from days to minutes. The solution is modular, allowing partners to use the full stack or only the components they need while maintaining a white‑label experience.
Target Audience
Primary customers are fintech platforms, crypto wallets, remittance services, payroll providers, marketplaces, and financial institutions that need to embed fiat‑to‑crypto conversion capabilities within their applications.
Features
- API, web widget, and mobile WebView SDKs for rapid integration across all major platforms and languages
- Built‑in KYC, AML, and regulatory compliance covering 64+ countries with automated verification flows
- Support for 136 crypto assets and stablecoins, plus local fiat payment methods (debit card, bank transfer, etc.)
- Modular architecture that lets partners adopt the full on‑ramp/off‑ramp suite or plug in individual services
- Stablecoin settlement layer that reduces transaction finality from 2‑5 days to minutes
- White‑label customization options for branding, user flow, and UI/UX tailoring
- Dashboard for managing orders, monitoring performance, and accessing analytics post‑go‑live