Transak - About the company
Transak is a series A company based in London (United Kingdom), founded in 2019 by Sami Start. 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 39 active competitors, including 18 funded and 2 that have exited. Its top competitors include companies like MoonPay, Mercuryo and Ramp.
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
- 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
Ranked
2nd among 39 active competitors
Employee Count
130 as on Jul 31, 2026
Legal entities associated with Transak
Transak is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TRANSAK LABS PRIVATE LIMITED CIN: U72900KA2022PTC165889 , India, Active | Sep 08, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
LIGHT TECHNOLOGY LIMITED CIN: 11539646 , United Kingdom, Active | Aug 27, 2018 | £100M - £500M (As on Dec 31, 2024) | 4 (As on Dec 31, 2023) | |
TRANSAK TECHNOLOGY INDIA PRIVATE LIMITED CIN: U72900KA2021PTC151313 , India, Active | Sep 02, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 16 (As on Mar 01, 2026) |
Sign up to download Transak's company profile
Transak's funding and investors
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 30 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 | 6964503 | Series A | 9907764 | 8685896 | 2803456 | 8157074 |
Aug 12, 2025 | 5703564 | Series A | 2430185 | 4565600 | 9806633 | |
May 30, 2023 | 9888133 | Series A | 5241173 | 3696578 |
View details of Transak's funding rounds and investors
Transak's founders and board of directors
Founder? Claim ProfileThe founders of Transak is Sami Start.
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
Transak's Board of Directors
Transak's board has 1 active member. Sami Start is part of team.Here is the list of Transak's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 10m |
View details of Transak's Founder profiles and Board Members
Transak's employee count trend
Transak has 130 employees as of Jul 26. Here is Transak's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Transak's Competitors and alternates
Top competitors of Transak include MoonPay, Mercuryo and Ramp. Here is the list of Top 10 competitors of Transak, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 81/100 | |
2nd | Transak 2019, London (United Kingdom), Series A | Payment gateway and banking solutions for cryptocurrencies | $37M | 68/100 | |
3rd | Mercuryo 2018, London (United Kingdom), Series A | Payment and banking infrastructure for crypto-native businesses | $10.5M | 66/100 | |
4th | Decentralized platform for fiat-cryptocurrency exchange | $134M | 62/100 | ||
5th | Payments solutions for digital asset businesses | - | 60/100 | ||
6th | Onramper 2019, Amsterdam (Netherlands), Seed | Fiat on-ramp transaction solution for cryptocurrency | $6M | 51/100 | |
7th | OpenPayd 2015, London (United Kingdom), Series B | Platform providing businesses with access to banking and payment solutions | $25M | 49/100 | |
8th | Provider of cryptocurrency and Dapp services | $1.5M | 46/100 | ||
9th | Platform enabling local fiat payments for web3 apps | $5M | 45/100 | ||
10th | Wyre 2013, San Francisco (United States), Series B | Blockchain-based international money transfer solution for businesses | $27.8M | 45/100 |
Looking for more details on Transak's competitors? Click here to see the top ones
Transak's Investments and acquisitions
Transak has made no investments or acquisitions yet.
Reports related to Transak
Here is the latest report on Transak's sector:
News related to Transak
Media has covered Transak for a total of 10 events in the last 1 year, 4 of them have been about company updates and 4 about partnerships.
•
•
Gobi Partners backs crypto payments firm Transak for Asia expansionTech in Asia•Apr 08, 2026•Gobi Partners, Transak
•
•
•
•
Concordium Partners with Transak to Expand Access to CCD TokenCrowdfund Insider•Nov 04, 2025•Concordium, Transak
•
Transak Taps Cross River Bank to Enable Fiat-to- Crypto TransactionsCrowdfund Insider•Oct 24, 2025•Transak, Cross River Bank
•
Transak Secures $16M Funding Round Led by Tether and IDG Capital for Stablecoin Payments InfrastructureThe Block•Aug 12, 2025•Transak, IDG Capital, Tether, Primal Capital and 10 others
•
Transak Adds Support for USDe, Synthetic Dollar Now Available Via Fiat On-RampBenzinga•Aug 07, 2025•Ethena, Transak
•
Transak Provides Fiat Gateway for SOL on Metamask’s Solana SupportBitcoin•Jul 22, 2025•Transak, MetaMask
Are you a Founder ?
FAQs about Transak
Explore our recently published companies
- IndyKite - San Francisco based, 2021 founded, Seed company
- Enhance.ai - 2017 founded, Unfunded company
- ShreeAI - Indore based, 2026 founded, Unfunded company
- Stuv AI - Nagpur based, 2025 founded, Unfunded company
- RSR Content Creation - Chennai based, 2016 founded, Funding Raised company
- Radmat - Funding Raised company