£16.2M
Transak raises £16.2m in a Series A round led by CE Innovation Capital to scale its onboarding infrastructure
The Miami based web3 payments provider secured backing from a broad syndicate including institutional funds and angel investors.
Portfolio
3
companies
Nefta
Nefta provides an end-to-end platform for building and scaling Web3 games.

OpenTrade
OpenTrade provides infrastructure that enables fintechs to offer stablecoin yield products.
Transak
Transak provides payment and onboarding infrastructure for web3 applications.

The Miami based web3 payments provider secured backing from a broad syndicate including institutional funds and angel investors.
Sino Global Capital led the financing alongside participants such as Circle Ventures and Polygon Ventures.
"Thrilled to back the OpenTrade team as they build the necessary infrastructure to bring real-world financial assets onto the blockchain. In the next decade, we expect that a majority of assets will be brought onto public blockchains. OpenTrade is leading this paradigm shift and we look forward to being day one customers."
Play Ventures led the seed round with a $2.5m contribution to help expand the Web3 gaming platform's team and market presence.
"Play Ventures has one of the best portfolios in the world for gaming and Web3. Receiving one of the largest investments from its Future Fund demonstrates their conviction in our team, products and vision. With their support, we’re able to power the next evolution of game economies, showcasing the benefits of blockchain to help our partners build, grow and scale Web3 ecosystems."