TechFlow News, April 9: According to Chainwire, Gobi Partners, a leading Asian venture capital firm, has announced its investment in Transak. Founded in 2019, Transak provides financial institutions with bidirectional fiat-to-digital-asset conversion capabilities via a single API, unifying KYC, AML, risk monitoring, and local payment integrations. It operates in over 64 countries worldwide, holds more than 21 regulatory licenses, has been integrated into over 600 applications, and has served over 10 million users to date.
This investment aims to support Transak’s expansion across the Asian market. Transak has established its Asia-Pacific headquarters in Hong Kong and plans to deepen integration with ASEAN-region payment networks and banking partners.
