Transaktio

Transaktio is a cloud-based financial technology platform that processes digital transactions and settlement for merchants, banks, and fintech firms. It emphasizes cross-border payments, programmable payments via application programming interfaces, and multi-currency wallets. The service combines real-time settlement with built-in compliance features to support regulated payment flows and auditable transaction histories.

The platform was developed by Transaktio Ltd., a European fintech company founded in 2018 by a team of software engineers and financial lawyers. After a private beta, Transaktio expanded to select EU markets in 2020 and began broader commercial deployment in 2021, establishing partnerships with banks, payment service providers, and e-commerce platforms.

Key features include an API-first interface for payment initiation and status tracking, smart contract-based escrow for conditional payments, real-time currency conversion, and programmable workflows for settlement. The system provides KYC/AML screening, fraud prevention, and reporting tools, along with dashboards and audit trails for regulators and auditors.

Transaktio is designed as a cloud-native, microservices architecture with security and interoperability in mind. It supports ISO 20022 messaging, SWIFT-like settlement lanes, TLS encryption, and hardware security modules. It adheres to GDPR and EU PSD2 regulations, with data residency options and regular security assessments.

Adoption includes online marketplaces, logistics providers, and B2B fintechs seeking faster settlement cycles. Critics point to integration costs and competition from established payment networks. Proponents cite improved transparency, cheaper cross-border processing, and enhanced control over payment flows.