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Transak
4.2
based on 11 Reviews
Company Overview
Company Locations
Working at Transak
Company Summary
Transak provides a fiat-to-crypto payment integration, enabling users and businesses to engage with blockchain through compliant and diverse payment methods.
Overall Rating
4.2/5
based on 11 reviews
![highly rated categories](https://static.ambitionbox.com/static/helpful.png)
Highly rated for
Salary, Work-life balance, Work satisfaction
![highly rated categories](https://static.ambitionbox.com/static/dislike.png)
Critically rated for
Job security
Work Policy
![Monday to Friday](https://static.ambitionbox.com/static/calender.png)
Monday to Friday
56% employees reported
![Flexible timing](https://static.ambitionbox.com/static/clock.png)
Flexible timing
67% employees reported
![No travel](https://static.ambitionbox.com/static/travel.png)
No travel
100% employees reported
![Day shift](https://static.ambitionbox.com/static/icons/day_shift.png)
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
1 employee reported
View detailed benefits
About Transak
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websitetransak.com
Primary Industry
--
Other Industries
--
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Transak is a developer integration for a fiat-to-crypto payment gateway. This solves the important problem of allowing mainstream people and businesses to access crypto and blockchain. 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.
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Transak Ratings
based on 11 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
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Category Ratings
4.3
Salary
4.2
Work-life balance
4.1
Work satisfaction
3.9
Company culture
3.6
Skill development
3.5
Promotions
3.1
Job security
Transak is rated 4.2 out of 5 stars on AmbitionBox, based on 11 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Transak Reviews
Compare Transak with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.2/5 based on 11 reviews | 3.3/5 based on 7.3k reviews | 4.1/5 based on 434 reviews | 3.6/5 based on 511 reviews |
Highly Rated for | Salary Work-life balance Work satisfaction | No highly rated category | Work-life balance Salary Job security | No highly rated category |
Critically Rated for | Job security | Job security Promotions Company culture | No critically rated category | Promotions Work satisfaction Skill development |
Primary Work Policy | - | Work from office 47% employees reported | Work from office 74% employees reported | Work from office 68% employees reported |
Rating by Women Employees | 4.6 Excellent rated by 2 women | 3.3 Average rated by 614 women | 4.2 Good rated by 75 women | 3.3 Average rated by 116 women |
Rating by Men Employees | 4.1 Good rated by 8 men | 3.3 Average rated by 6.3k men | 3.9 Good rated by 310 men | 3.7 Good rated by 364 men |
Job security | 3.1 Average | 2.7 Poor | 4.0 Good | 3.4 Average |
View more
Transak Salaries
Transak salaries have received with an average score of 4.3 out of 5 by 11 employees.
Devops Engineer
(5 salaries)
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₹8 L/yr - ₹22.2 L/yr
Risk Analyst
(4 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
Customer Support Executive
(3 salaries)
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₹6 L/yr - ₹7.8 L/yr
Software Engineer2
(3 salaries)
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₹26 L/yr - ₹45 L/yr
Senior Business Analyst
(3 salaries)
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₹9.5 L/yr - ₹10 L/yr
Senior Legal and Compliance Manager
(3 salaries)
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₹55 L/yr - ₹1 Cr/yr
Technical Analysis Manager
(3 salaries)
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₹18 L/yr - ₹23 L/yr
Senior Data Analyst
(2 salaries)
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₹13.5 L/yr - ₹17.2 L/yr
Team Lead
(2 salaries)
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₹10.8 L/yr - ₹13.8 L/yr
Assistant Manager Finance
(2 salaries)
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₹22.5 L/yr - ₹28.8 L/yr
Transak Jobs
Popular Designations Transak Hires for
Engineer Information Technology
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Senior Risk Analyst
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EC Engineer
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Transak News
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MetaMask Simplifies Crypto Cashouts with Direct Layer-2 to Fiat Integration
- Crypto wallet MetaMask has partnered with Ramp Network for direct Layer-2 to fiat integration to simplify the withdrawal of Ether from L2 networks, making the process faster and more affordable.
- MetaMask users can withdraw Ethereum straight from the Layer-2 (L2) networks directly to fiat, avoiding the exchange process that involved bridging tokens to Ethereum network, sending them to a centralized exchange and converting them to fiat.
- Ramp Network's integration with MetaMask enables users to avoid high transaction fees and long waiting periods associated with Ethereum's mainnet in withdrawing over 35 fiat currencies available using instant bank transfers in the US and SEPA Instant in Europe.
- The partnership between Ramp Network and MetaMask aims to simplify crypto cashouts and make them cheaper to encourage more widespread adoption of the technology.
- Layer-2 (L2) solutions enhance Ethereum's scalability by reducing congestion and lowering transaction fees. L2's direct off-ramps to fiat are expected to open up the circulation of previously stationary resources on Ethereum networks.
- Ramp Network's CEO, Szymon Sypniewicz, explains that the collaboration aims to uphold the core principles of decentralized technology by offering users a direct and secure way to exchange their crypto on L2s directly to fiat.
- The trend toward simpler, user-friendly tools and making crypto more accessible is evident in the industry as cryptocurrency companies shift their focus to combining the traditional financial system with the world of crypto.
- These types of integrations aim to make the entire crypto experience smoother, thereby encouraging more people to get involved, which, in turn, could lead to a new era of mainstream adoption.
- The collaboration between Ramp Network and MetaMask is expected to eliminate unnecessary stages of the exchange process, reducing time taken to withdraw and make it more user-friendly.
- Crypto companies, including Ramp Network, Transak, and Ronin Network, are working to provide web2 user accessibility in the crypto space and help to simplify the on-ramp and off-ramp process, making it easier for users to convert fiat to crypto and vice versa.
Cryptoninjas | 4 Feb, 2025
![MetaMask Simplifies Crypto Cashouts with Direct Layer-2 to Fiat Integration](https://www.cryptoninjas.net/wp-content/uploads/metamask-simplifies-crypto-cashouts-with-direct-layer-2-to-fiat-integration.jpeg)
Transak and Opera’s MiniPay Collaborate to Boost Stablecoin Accessibility Globally
- Transak and Opera's MiniPay have collaborated to enhance stablecoin accessibility globally.
- The partnership enables MiniPay to offer on-and-off ramping of stablecoins with zero fees for a limited period in over 50 countries.
- MiniPay allows low-cost transfers of stablecoins with costs as low as $0.001 per transaction through the efficiency of the Celo blockchain.
- The collaboration aims to make stablecoins more affordable and promote their adoption for cross-border payments and remittances.
TheNewsCrypto | 30 Jan, 2025
![Transak and Opera’s MiniPay Collaborate to Boost Stablecoin Accessibility Globally](https://thenewscrypto.com/wp-content/uploads/2024/02/sae.jpg)
Transak and Uranium.io Bring Uranium Trading Blockchain
- Uranium.io and Transak have partnered to democratize uranium trading using blockchain technology.
- Uranium.io tokenizes physical uranium, making it accessible to retail investors with a minimum purchase amount of $10.
- Transak allows users to convert fiat currencies into USDC on Etherlink and purchase tokenized uranium with various payment options.
- This collaboration aims to make uranium trading more accessible, efficient, and geographically diverse.
Livebitcoinnews | 26 Jan, 2025
![Transak and Uranium.io Bring Uranium Trading Blockchain](https://www.livebitcoinnews.com/wp-content/uploads/2025/01/Transak_and_Uranium_io_Bring_Uranium_Trading_Blockchain_copy.webp)
Plus Wallet’s Cross-Chain Features & Rewards Elevate It Among Peers; Bitget Wallet Debuts Multichain Swap & Visa Partners with Transak
- Bitget Wallet Lite now offers a Swap feature within Telegram, enabling multi-chain transactions across Ethereum, Solana, BNB, and Polygon.
- Visa partners with Transak, allowing users to convert cryptocurrencies to fiat and use them at over 130 million Visa-accepting merchant locations globally.
- Plus Wallet stands out with its comprehensive cross-chain capabilities and innovative 'Swap to Earn' program that rewards users for each transaction.
- Plus Wallet's features include multi-chain access, a user-friendly platform, and the ability to diversify portfolios and maximize earnings.
TechBullion | 25 Jan, 2025
![Plus Wallet’s Cross-Chain Features & Rewards Elevate It Among Peers; Bitget Wallet Debuts Multichain Swap & Visa Partners with Transak](https://techbullion.com/wp-content/uploads/2025/01/image001-192.jpg)
Transak Teams Up with Ronin to Streamline Crypto Onboarding
- Transak has partnered with Ronin Network to streamline fiat-to-crypto onboarding for Web3 gaming and NFTs.
- Users in 160 countries can now buy Ronin tokens using credit cards, debit cards, and localized payment methods.
- The integration of Transak simplifies the process of fiat-to-crypto conversion.
- Transak's NFT Checkout enables users to buy NFTs directly with fiat currencies, eliminating the need for pre-purchased crypto or gas fees.
Livebitcoinnews | 13 Jan, 2025
![Transak Teams Up with Ronin to Streamline Crypto Onboarding](https://www.livebitcoinnews.com/wp-content/uploads/2025/01/Transak_Teams_Up_with_Ronin_to_Streamline_Crypto_Onboarding_copy.webp)
Transak Adds 11 Meme Coins to Platform, Marking Shift in Digital Asset Access
- Transak has added 11 meme coins to its platform, expanding the accessibility of community-driven digital assets.
- Tokens like PNUT and WIF have demonstrated real-world utility and social impact beyond market performance.
- Transak's integration of emerging meme tokens represents a shift in cryptocurrency accessibility for payment providers.
- This move could potentially influence broader market accessibility and the adoption trajectory of meme-based tokens.
Hackernoon | 23 Dec, 2024
![Transak Adds 11 Meme Coins to Platform, Marking Shift in Digital Asset Access](https://hackernoon.imgix.net/images/7rEmNIeHNFOBfZZtUMQerOZIGGH3-5t039l1.png)
Transak Unveils Stream for Instant Crypto-to-Fiat Conversions
- Transak Stream is a new product introduced by Transak, a Web3 payments infrastructure provider.
- It enables instant and frictionless conversion of cryptocurrencies and stablecoins into fiat.
- Users can send assets to a specific address and receive fiat directly to their bank accounts or cards.
- Transak Stream aims to revolutionize off-ramping processes and cater to global remittances, payroll automation, and Web3 gaming.
Livebitcoinnews | 18 Dec, 2024
![Transak Unveils Stream for Instant Crypto-to-Fiat Conversions](https://www.livebitcoinnews.com/wp-content/uploads/2024/12/Transak_Unveils_Stream_for_Instant_Crypto_to_Fiat_Conversions_copy.webp)
Phantom Wallet Teams with Transak for Easier Crypto Access
- Transak forms an agreement with Phantom, a fast-growing cryptocurrency wallet.
- Transak's integration with Phantom resulted in a 400% increase in SOL transactions.
- Users can now enjoy high transaction limits and multiple payment options.
- The collaboration strengthens Phantom's position in the Solana ecosystem and expands Web3 services.
Livebitcoinnews | 10 Dec, 2024
![Phantom Wallet Teams with Transak for Easier Crypto Access](https://www.livebitcoinnews.com/wp-content/uploads/2024/12/Phantom_Wallet_Teams_with_Transak_for_Easier_Crypto_Access_copy.webp)
Phantom Wallet Integrates Transak to Boost Digital Asset Accessibility
- Web3 payments infrastructure provider Transak has integrated with Phantom, a fast-growing non-custodial wallet.
- The collaboration aims to enhance accessibility and use of digital assets globally.
- The integration has led to a 400% increase in Solana transactions on Transak in just seven weeks.
- Key features of the integration include high transaction limits, various payment options, and user-friendly onboarding.
TheNewsCrypto | 6 Dec, 2024
![Phantom Wallet Integrates Transak to Boost Digital Asset Accessibility](https://thenewscrypto.com/wp-content/uploads/2024/02/sae.jpg)
MetaMask integrates Venmo to enhance fiat-to-crypto onramp options
- MetaMask has integrated Venmo to enhance its fiat-to-crypto onramp options.
- US users can now buy crypto using Venmo through MetaMask.
- MetaMask has previously added support for various payment options, including Apple Pay, debit/credit cards, PayPal, wire transfer, and ACH bank transactions.
- MetaMask has partnered with other companies such as Transak, Stripe, Sardine, and Banxa for its fiat-to-crypto feature.
Cryptoslate | 28 Nov, 2024
![MetaMask integrates Venmo to enhance fiat-to-crypto onramp options](https://cryptoslate.com/wp-content/uploads/2024/11/metamask-venmo.jpg)
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Transak FAQs
Does Transak have good work-life balance?
Transak has a work-life balance rating of 4.2 out of 5 based on 10+ employee reviews on AmbitionBox. 64% employees rated Transak 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Transak reviews for more details
Is Transak good for career growth?
Career growth at Transak is rated fairly well, with a promotions and appraisal rating of 3.5. 64% employees rated Transak 4 or above, while 36% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Transak reviews for more detailed insights.
What are the pros and cons of working in Transak?
Working at Transak comes with several advantages and disadvantages. It is highly rated for salary & benefits, work life balance and work satisfaction. However, it is poorly rated for job security, based on 10+ employee reviews on AmbitionBox.
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