Transak is an On-Off-Ramps company founded in 2019 and based in Delaware, United States. It has raised $36.7M in total funding, most recently a Growth in 2025.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Aug 12, 2025 | Growth | $16M | — | Tether, IDG Capital |
| May 30, 2023 | Series A | $20M | — | CE Innovation Capital |
| Mar 16, 2021 | Seed | $660K | — | ConsenSys, The LAO, IOSG Ventures, LuneX Ventures, Koji Capital |
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A fiat-to-crypto on-ramp that enables users to buy cryptocurrencies directly using local payment methods across 160+ countries. It supports 100+ cryptocurrencies and integrates with wallets, dApps, and exchanges via a simple API. Differentiators include support for payment methods like UPI (India), GCash (Philippines), PayID (Australia), Pix (Brazil), and bank transfers alongside traditional credit/debit cards, with built-in KYC compliance.
A crypto-to-fiat off-ramp that allows users to sell cryptocurrencies and withdraw funds to their local bank accounts or preferred payment methods. It supports conversion back to fiat in 160+ countries with settlement via local payment rails. The product is designed for wallets, exchanges, and DeFi platforms to offer a complete fiat gateway experience, enabling users to exit crypto positions seamlessly.
A specialized checkout solution that lets users purchase NFTs using fiat currency without needing to own crypto upfront. Integrated directly into NFT marketplaces and platforms, it handles the full flow from fiat payment to NFT delivery, abstracting away gas fees and blockchain complexity. This opens NFT access to mainstream users who don't already hold cryptocurrency.
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