Transak Inc.

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 and has engaged in 2 funding deals to date. In August 2025, Transak Inc. raised USD 16 million in venture funding co-led by new investors IDG Capital and Tether, with participation from other new investors 1kx, Fuel Ventures, Primal Capital, Protein Capital, CEiC, Kasikorn X, Umami Capital ,Third Kind Venture Capital, Ce Innovation Capital and Genting Ventures.

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. Following its most recent funding round on August 2025, Transak Inc. raised USD 16 million in venture funding co-led by new investors IDG Capital and Tether, with participation from other new investors 1kx, Fuel Ventures, Primal Capital, Protein Capital, CEiC, Kasikorn X, Umami Capital ,Third Kind Venture Capital, Ce Innovation Capital and Genting Ventures. The company is focusing on developing new products such as Web3 games and financial applications, with plans to expand its stablecoin payment systems and grow into new international markets.