# Transak

Transak is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Assets under management:** Undisclosed
- **Website:** transak.com
- **LinkedIn:** https://www.linkedin.com/company/transak

## Regulatory record

- **Reports private funds:** No

## About

Transak offers a simple on ramps integration to allow your users to buy more than 136 cryptocurrencies with credit/debit cards, or bank transfers in more than 64 countries.

## Sectors

- FinTech
- Enterprise Software

## Offices

- Miami, United States

## Questions

### How does Transak make money?

Transak earns a spread on each fiat-to-crypto and crypto-to-fiat transaction processed through its platform. By sourcing liquidity from multiple exchanges and routing orders to the best available price, the firm captures the margin between the rate it offers developers and the rate it secures from liquidity providers.

### What regulatory licenses does Transak hold?

Transak Limited is a registered crypto asset firm with the UK Financial Conduct Authority under the Money Laundering Regulations 2017. Transak USA LLC is a registered Money Services Business with FinCEN. The firm has also been securing individual state-level money transmitter licenses, adding six new US states to its coverage in November 2025.

### Which wallets and apps use Transak?

Transak reports integrations with over 600 applications. Publicly named partners include MetaMask, Trust Wallet, and Uniswap Labs. The platform serves wallets, DeFi protocols, gaming studios, NFT marketplaces, and exchanges that need an embedded fiat gateway without building their own compliance and liquidity stack.

### Does Transak compete with exchanges like Coinbase or Binance?

No — Transak is infrastructure, not a consumer-facing exchange. It provides the software development kit and API that other companies embed inside their own products. Users buy crypto through Transak without ever visiting Transak's website, similar to how a payment processor operates behind a merchant's checkout page.

### What blockchains does Transak support?

Transak processes transactions on over 45 blockchain networks. The firm integrates new chains at mainnet launch, as it did with Monad in December 2025. Its developer toolkit is designed to be chain-agnostic, allowing app builders to enable fiat access across multiple ecosystems through a single integration.

### How does Transak handle KYC and compliance?

Transak collects KYC information during a user's first transaction and offers a reusable KYC feature that shares verification status with integrated apps, eliminating repeated identity checks. The in-house risk engine maintains a fraud rate below 0.05%, combining identity verification, transaction monitoring, and sanctions screening.

### What happened to Transak's relationship with Visa?

In 2025, Transak enabled real-time card withdrawals through Visa Direct, allowing users of integrated apps to convert crypto balances into fiat and spend at over 130 million Visa merchant locations. The partnership positions Transak as both an on-ramp and off-ramp provider, closing the fiat-crypto-fiat loop.

## Related profiles

- [Bakkt](https://altss.com/profile/bakkt)
- [Mudrex](https://altss.com/profile/mudrex)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/transak

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