Transak completed $16 million Strategic Round funding
Sector:
Fintech
Crypto
Software
08/12/2025
Miami, FL USA
Transak
completed $16 million Strategic Round funding. Investors include
IDG Blockchain (lead), Primal Capital, 1kx, Protein Capital, KX VC, Third Kind Venture Capital, Genting Ventures, Fuel Ventures, Umami Capital.
“Stablecoins are no longer just a crypto asset. They are now the rails for global value transfer,” said Sami Start, Co-Founder and CEO of Transak. “But making them usable at scale requires more than just liquidity. It takes real infrastructure: compliance systems, KYC, fraud prevention, banking partnerships, and deep crypto market knowledge. That’s exactly what we’ve built, and this round helps us scale it globally.”
Trusted by over 450 applications, Transak enables users in more than 75 countries to move between fiat and stablecoins through local payment methods, bank transfers, cards, and virtual IBANs, all via a single API. The company has processed over $2 billion in transaction volume, with nearly 30 percent coming from stablecoin flows, and supports both retail and institutional use cases.
About
Transak is the payments infrastructure for stablecoins and crypto. With its Virtual Account APIs and compliance-ready rails, Transak enables apps to onboard users, facilitate cross-border payments, and support multi-party payment flows, natively within their platforms.
Integrated by 450+ apps and used by over 10 million users globally, Transak powers fiat-to-crypto and crypto-to-fiat transactions through bank transfers, cards, local payment methods, and stablecoins.
Transak operates globally, with a base in Miami and offices in London, Bengaluru, Dubai, and Hong Kong.
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