# Transak

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/transak

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.transak.com
- Total disclosed funding: $21M
- Latest round: Series A (May 30, 2023)
- Investors on record: 18

## About

Transak Inc. is a cryptocurrency on-ramp and off-ramp service provider that enables seamless transactions between fiat currencies and cryptocurrencies, enhancing accessibility in the digital asset space.Transak Inc. specializes in facilitating the buying and selling of cryptocurrencies. The company was founded by Sami Start and Yeshu Agarwal. It is headquartered in the US. In April 2026, Transak Inc. raised an undisclosed amount of venture funding from Gobi Partners. Transak provides a comprehensive developer integration toolkit designed to facilitate the buying and selling of cryptocurrencies within various applications, websites, and web plugins. Their core offerings include on-ramp and off-ramp solutions that enable users to exchange fiat currency for cryptocurrencies such as Ethereum, Bitcoin, and Tether, as well as sell their crypto assets for fiat. The company serves a global client base, providing services in over 64 countries and supporting more than 170 cryptocurrencies across 80+ blockchains. Notably, Transak has partnered with over 350 applications, assisting platforms such as MetaMask, various gaming solutions, and NFT marketplaces in simplifying the user onboarding process. The focus is on enhancing accessibility and user experience in the Web3 ecosystem, with a commitment to compliance and security.Transak's revenue model is primarily based on transaction fees incurred from users buying or selling cryptocurrencies through their integrated platforms. Clients, including individual users and businesses, utilize Transak’s services to facilitate transactions executed through various payment methods such as credit cards and bank transfers. The company’s offerings include customizable SDKs and a white-label API, allowing businesses to integrate these services into their existing workflows, potentially generating revenue through subscription fees or transaction-based commissions. Partnerships with financial institutions and other crypto service providers further enhance Transak's revenue streams, enabling a broader range of services and payment options for clients. The company plans to utilize the April 2026 funding to scale regulated blockchain payment rails, deepen regional banking and payment network integrations, and accelerate compliant stablecoin and digital asset payment adoption across Asia, particularly in ASEAN markets.

## Funding rounds

- Series A, May 30, 2023, $20M — UOB Venture Management, Azimut, SBI Ven Capital, Third Kind Venture Capital, Signum Capital, Woodstock, Kx Technology Fund, The LAO, Axelar Inc., IOSG Ventures, Genting Ventures, Ce Innovation Capital, Animoca Brands, Istari Ventures, No Limit Holdings
- Seed, Mar 16, 2021, $0.7M — ConsenSys Ventures, LuneX Ventures, The LAO, IOSG Ventures, Koji Capital

## Investors

- ConsenSys Ventures (https://capitalatlas.ai/funds/consensys-ventures) — Seed
- LuneX Ventures (https://capitalatlas.ai/funds/lunex-ventures) — Seed
- The LAO (https://capitalatlas.ai/funds/the-lao) — Seed, Series A
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Seed, Series A
- Koji Capital (https://capitalatlas.ai/funds/koji-capital) — Seed
- UOB Venture Management (https://capitalatlas.ai/funds/uob-venture-management) — Series A
- Azimut (https://capitalatlas.ai/funds/azimut) — Series A
- SBI Ven Capital (https://capitalatlas.ai/funds/sbi-ven-capital) — Series A
- Third Kind Venture Capital (https://capitalatlas.ai/funds/third-kind-venture-capital) — Series A
- Signum Capital (https://capitalatlas.ai/funds/signum-capital) — Series A
- Woodstock (https://capitalatlas.ai/funds/woodstock) — Series A
- Kx Technology Fund — Series A
- Axelar Inc. — Series A
- Genting Ventures (https://capitalatlas.ai/funds/genting-ventures) — Series A
- Ce Innovation Capital — Series A
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Series A
- Istari Ventures (https://capitalatlas.ai/funds/istari-ventures) — Series A
- No Limit Holdings (https://capitalatlas.ai/funds/no-limit-holdings) — Series A