Transak

Transak is a fintech company that provides fiat-to-cryptocurrency on-ramps and off-ramps designed for developers, wallets, exchanges, and merchants. The platform enables users to purchase cryptocurrency with fiat currencies through a range of payment methods and to convert crypto back to fiat.

Transak offers developer-friendly tools including an API and a white-label widget that can be embedded into apps and websites to power crypto purchases and sales. The service supports multiple fiat currencies and operates across regions, offering various payment methods such as bank cards, bank transfers, and mobile wallets, while handling KYC/AML compliance and transaction screening.

Businesses integrate Transak to provide seamless fiat on/off ramps within wallets, exchanges, or apps, with emphasis on fast settlements and user experience. The platform commonly emphasizes security, regulatory compliance, and robust fraud prevention.

Transak was founded in 2019 and is headquartered in London, United Kingdom.

Through its APIs and UI components, Transak aims to simplify onboarding for users new to crypto and to support compliant, scalable on- and off-ramping for fiat currencies.