£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
2
companies
Nayms
Nayms provides a blockchain enabled marketplace for digital asset insurance.
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.
The funding follows a $2.1m seed round and supports the upcoming launch of the NAYM token.
"We were lucky enough to have such an oversubscribed round, allowing us to be highly selective with whom we brought into the project. The additional expertise across capital markets, legal and compliance, token economics and community building will continue to help us support the growing insurance movement within the digital asset space."