Transak
Transak41Transak
Transak provides a fiat-to-crypto on-ramp and off-ramp solution, enabling users to buy and sell cryptocurrencies directly within dApps and wallets.
About
What does Transak do?
Transak is a developer integration that allows users to buy and sell cryptocurrencies and NFTs directly within decentralized applications (dApps), wallets, and games. It simplifies the process of converting fiat currency to crypto and vice versa, supporting over 160 cryptocurrencies and 130+ fiat currencies across 150+ countries. Transak aims to make Web3 more accessible by providing a seamless user experience for onboarding and offboarding from crypto.
What is Transak's revenue?
StartupHub estimates Transak's annual revenue at $36.7M (range $31.0M to $43.5M, 63% confidence), based on comparable companies in the sector.
What is Transak's valuation?
StartupHub estimates Transak's effective valuation at $141.6M (range $96.5M to $231.6M, 20% confidence), based on comparable companies in the sector.
How much funding has Transak raised?
Transak has raised a total of $39M in funding.
Where is Transak headquartered?
Transak is headquartered in London, United Kingdom.
What industry does Transak operate in?
Transak operates in Fintech, Payments, Digital Payments, Embedded Finance, Web3, Blockchain.
How many employees does Transak have?
Transak has approximately 127 people on record.
“I’m dealing with an unauthorized card transaction and need advice. $1,399.99 was charged to my debit card as: Transak / MetaMask ETH I do NOT own a MetaMask wallet. I have NEVER used Transak. I did NOT authorize any crypto purchase.”
View on Reddit“I went through the KYC process, uploading my photo id and selfie, and made a purchase using a credit card. They said they would send me an e-mail when the order went through. It's been 30 minutes and I haven't received an e-mail nor have I…”
View on Reddit“Hello all! Would love your thoughts on Transak. Came across this sometime ago and found it interesting especially given all the investment backing and wanted to hear more from users. Do you think they are solving an actual problem?”
View on Reddit“As it says in the title, transak taking long than usual. The process usually takes around 1-3 minutes but this time it seems to be stuck on processing. The funds have been taken from my bank. I know it's probably me just being impatient, bu…”
View on Reddit“After collecting your necessary KYC, they will suspend your account saying it's due to Internal regulations. My Money is Stuck and they are saying it will take up to 11 Business days for Refund. Avoid them at All costs. They are Document Ha…”
View on Reddit“As the title states, I have been trying to integrate the Transak fiat to crypto check out solution on my platform. Dealing with them has been the worst experience and it’s like they really, really don’t any business.”
View on RedditSome comments are pulled from public discussions around the web (look for the source icon). Quotes are excerpts; click through to read the full thread.