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Fiat <-> crypto payment gateway to bridge centralised and decentralised finance

Transak is a developer integration for a fiat-to-crypto payment gateway. It does this by integrating local compliance, payment methods, and liquidity from around the world. Transak is backed by Consensys, The LAO, Lunex, and Mycelium Ventures.

There is an ecosystem of blockchain applications growing that provide an incredible value proposition that has not yet been realised by the mainstream. Blockchain applications include decentralised finance, which allows efficient open source financial services that can be built on top of each other like legos.

But there is a problem - all of these systems assume that wealth is held and managed in blockchain tokens or cryptocurrency. Most people and businesses don't currently own or use cryptocurrency.

The solution is Transak - a bridge between centralised and decentralised finance. A flexible payment gateway that allows a user, business, or application to change fiat currency from a centralised financial service (usually a bank) into a blockchain token in a decentralised application.

transak.com

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