Tech Company Financing Transactions
Transak Funding Round
Transak closed a $16 million funding round on 8/12/2025. Backers included IDG Capital Partners, Tether and 1kx.
Transaction Overview
Company Name
Announced On
8/12/2025
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
IDG Capital Partners (Lead Investor)
Tether (Lead Investor) (Paolo Ardoino)
Proceeds Purpose
The capital will help Transak expand its stablecoin payments stack and enter new markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
450 Broadway 5th Floor
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Overview
Transak is a leading Web3 onboarding infrastructure provider. Its API-driven solutions enable web3 platforms to onboard users to 130+ crypto assets from 150+ countries, abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods and customer support. Transak's On/Off-Ramp widget can be integrated into an app in just a few lines of code. Transak is backed by top VCs, including Consensys, Animoca Brands and graduated from the Tachyon accelerator program.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sami Start
Chief Operating Officer
Siraj Uddin
Co-Founder
Yeshu Agarwal
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