We're thrilled to announce that Transak, a leading web3 payments and onboarding infrastructure provider, has raised $20M in a Series A funding round. The round was led by CE Innovation Capital and saw participation from many prominent web3 investors including SBI Ven Capital, Sygnum, Azimut, Third Kind Venture Capital, UOB Venture Management, Signum Capital, Animoca Brands, Genting Ventures, Istari Ventures, No Limit Holdings, Zilliqa Capital, Woodstock Fund, IOSG Ventures, KX, Axelar, Tokentus, and The Lao.

Despite the bear market of 2022, we at Transak remained dedicated to creating innovative solutions for onboarding issues within web3. This focus enabled us to maintain our progress, regardless of market conditions. Below is a summary of some of our key achievements during the year 2022.

Miami, USA, 27 September 2022: Transak, a leading Web3 onboarding infrastructure provider, launches local payment methods in the Philippines. This solution is open equally to individual users and Web3 platforms interested in expanding to Southeast Asia. While users can buy crypto directly with PHP (Philippine Peso) and pay with GCash, Maya, GrabPay, BPI, Union Bank, ShopeePay, or debit/credit cards, Web3 platforms can integrate Transak’s fiat on-ramp widget in their apps and expand to new regions. 

MIAMI, FL, JULY 13, 2022 - Transak, a single integration for applications to accept fiat-to-crypto deposits from a global user base, today announces the availability of local payment methods for Thailand users. This service is now available within the Transak widget giving users the chance to buy crypto via debit/credit cards, Bangkok Bank iPay and Mobile Banking and SCB Easy Pay and Mobile Banking.

The Transak team is so excited to share the launch of its new website today.