Latest Transak News & Updates

See the latest news and media coverage for Transak. We track all announcements, press releases, and industry mentions in real time, all in one place.

Transak

Crypto payment infrastructure provider

transak.com

Headquarters: Miami, United States
Founded year: 2019
Company type: Private company
Number of employees: 125–200
Industry: Blockchain & Cryptocurrency

Last updated Today

Latest news about Transak

In short: Transak secured additional US licenses and funding but faced a security breach affecting over 92,000 users.

Company announcements

August 29 Transak

Transak explains the new US GENIUS Act for stablecoins

The law mandates full reserve backing and licensing. Issuers face January 2027 deadlines. Distributors must comply by July 2028.

August 22 Transak

Transak details methods for matching stablecoin payments to AP invoices

This guide addresses missing identifiers, proposes reference-based linking solutions, and outlines key auditor requirements for accurate accounting.

August 20 Transak

Transak provides instant stablecoin settlement finality for neobanks

The platform clarifies payment mechanics, explaining how its infrastructure absorbs reversal risks that traditionally burden modern banking apps.

30 January 2024 Transak

Transak partners with Visa for crypto withdrawals

The collaboration enables global off-ramp services via Visa Direct, allowing users in over 145 countries to cash out 40+ cryptocurrencies into fiat currencies in under 30 minutes.

Media coverage

April 9 Chainwire

Gobi Partners Invests in Transak to Expand Compliant Stablecoin and Digital Asset Payments Across Asia - Chainwire

Founded in 2019, Transak operates a regulated payments layer that enables fintechs and financial institutions to offer bidirectional conversion between fiat currencies and digital assets...

11 November 2025 Invezz

Transak secures six more US state licenses, eyes nationwide stablecoin access

Transak secures six new state licenses, raising the total to 11 in the US. The company plans ACH payments to speed up stablecoin transfers. Full...

13 August 2025 Finextra

Transak raises $16m to scale stablecoin payments infrastructure

Fiat-to-crypto infrastructure provider Transak has raised $16 million in funding to expand its stablecoin payments stack.

12 August 2025 Yahoo Finance

Transak Raises $16M From IDG Capital, Tether to Scale Stablecoin Payment Network

Web3 payments infrastructure firm Transak has raised $16 million in a strategic funding round co-led...

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