When was Transak founded?

Transak was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Transak located?

Transak is headquartered in London, United Kingdom.

Which legal entities is Transak associated with?

Transak is associated with LIGHT TECHNOLOGY LIMITED and 2 others.

How many employees does Transak have?

As of Jan 05, 2026, the latest employee count at Transak is 122.

Is Transak a funded company?

Transak is a funded company, having raised a total of $37M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 16, 2021.

When was the latest funding round of Transak?

Transak's latest funding was a $***** Series A round on Apr 09, 2026, with participation from 1 investor.

Where does Transak rank among its competitors?

Transak ranks 3rd amongst 37 active competitors, of which 17 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Taran App, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Transak?

Transak's top competitors include MoonPay, Mercuryo and Banxa. Among them, Transak secured the most recent funding round in April, 2026.

Transak - 2026 Company Profile, Team, Funding & Competitors

Transak is a series A company based in London (United Kingdom), founded in 2019 by Sami Start and Yeshu Agarwal. It operates as a Payment gateway and banking solutions for cryptocurrencies. Transak has raised $37M in funding from investors like Tether, IDG Capital and Consensys. The company has 37 active competitors, including 17 funded and 2 that have exited. Its top competitors include companies like MoonPay, Mercuryo and Banxa.

Company Details

Payment gateway and banking solutions for cryptocurrencies. It provides payment gateway and banking solutions for cryptocurrencies. It allows merchants to accept payments for multiple goods and services using crypto assets. Customers can buy and sell digital currencies through bank transfers. Offers non-custodial transfer of digital assets through user wallets to ensure the security of funds.

Website: transak.com
Social
Email ID: *****@transak.com

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Series A

Total Funding

$37M in 4 rounds

Latest Funding Round

Series A, Apr 09, 2026, $*****

Investors

Tether & 31 more

Ranked

3^rd among 37 active competitors

Employee Count

122 as on Jan 05, 2026

Similar Companies

MoonPay & 39 more

View Transak's full profile

Transak is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
TRANSAK LABS PRIVATE LIMITED CIN: U72900KA2022PTC165889 , India, Active	Sep 08, 2022	$4.62M (As on Mar 31, 2025)	-
LIGHT TECHNOLOGY LIMITED CIN: 11539646 , United Kingdom, Active	Aug 27, 2018	-	4 (As on Dec 31, 2023)
TRANSAK TECHNOLOGY INDIA PRIVATE LIMITED CIN: U72900KA2021PTC151313 , India, Active	Sep 02, 2021	$453K (As on Mar 31, 2025)	16 (As on Mar 01, 2026)

Transak has raised a total funding of $37M over 4 rounds. Its first funding round was on Mar 16, 2021. Its latest funding round was a Series A round on Apr 09, 2026 for $*****. 1 investor participated in its latest round. Transak has 29 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Transak:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 09, 2026	1120206	Series A	6299747	9497545	2707735	1112251
Aug 12, 2025	9872534	Series A	1821814	5151991	4477164	Primal Capital & 8 more
May 30, 2023	6081907	Series A	1564573	7507064	CE Innovation Capital	SBI Ven Capital & 18 more

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View details of Transak's funding rounds and investors

The founders of Transak are Sami Start and Yeshu Agarwal.

Here are the details of Transak's key team members:

Sami Start: Co-Founder & CTO of Transak. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Yeshu Agarwal: Co-Founder & CTO of Transak and founder of 1 other company.

View details of Transak's Founder profiles and Board Members

Transak's employee count trend

Transak has 122 employees as of Jan 26. Here is Transak's employee count trend over the years:

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Top competitors of Transak include MoonPay, Mercuryo and Banxa. Here is the list of Top 10 competitors of Transak, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MoonPay 2018, Dover (United States), Series A	Provider of platform for buying, selling, and swapping various cryptocurrencies	$645M	Coatue, Tiger Global Management & 78 others	81/100
2nd	Mercuryo 2018, London (United Kingdom), Series A	Payment and banking infrastructure for crypto-native businesses	$10.5M	Target Global, Alisio DWC & 1 others	66/100
3rd	Transak 2019, London (United Kingdom), Series A	Payment gateway and banking solutions for cryptocurrencies	$37M	CE Innovation Capital, UOB & 30 others	64/100
4th	Banxa 2014, Melbourne (Australia), Acquired	Payments solutions for digital asset businesses	-	The Lind Partners, Stifel & 7 others	60/100
5th	Ramp 2018, Warsaw (Poland), Series B	Decentralized platform for fiat-cryptocurrency exchange	$134M	Balderton Capital, NFX & 17 others	57/100
6th	Onramper 2019, Amsterdam (Netherlands), Seed	Fiat on-ramp transaction solution for cryptocurrency	$6M	EQT, Backed & 2 others	51/100
7th	OpenPayd 2015, London (United Kingdom), Series B	Platform providing businesses with access to banking and payment solutions	$25M	Railsr	49/100
8th	Koywe 2018, Chile, Seed	Web3 wallet designed to buy or sell crypto	$1.6M	Rhombuz, Manutara Ventures & 5 others	48/100
9th	Taran App 2022, Nairobi (Kenya), Funding Raised	Your Easy Bridge from Mobile Money to Digital Currency	-	Coinbase, Amazon Web Services & 1 others	48/100
10th	Wyre 2013, San Francisco (United States), Series B	Blockchain-based international money transfer solution for businesses	$27.8M	Pantera Capital, Stellar & 26 others	45/100