Co-founded back in the year 2019 by Yeshu Agarwal and Sami Start, Transak is based in London and Bangalore and is aimed at reducing the barriers to financial services. The platform builds products with intentions to solve problems and add value for their partners and users.
Backed by Consensys, Transak is thriving with the belief that there certainly is a better way to get access to financial services. As we all are aware of the fact that we are required to fill out forms, submit documents like ID to create an account with each of the financial applications. All of these steps are required to get an allowance to deposit money.
Well, the Transak platform aims to alter this process by making it a whole lot easier to establish a connection between money and data to your blockchain wallet. As per the belief shared by the project, the blockchain wallet will be becoming a single sign-on for finance.
Transak Project Thriving as a Bridge between People, Blockchain, and Decentralized Apps
In addition to this, it should be noted that in accordance with the official description of the project on the Transak website, the major goal of the platform is to make user access to financial apps easier.
The team behind the project is dedicatedly working on making it a success as it carries a lot of potentials and can be really helpful in changing the world in a positive way. It should be laid an emphasis on the fact that the team talks to their users regularly so that they can design from observing customers.
What adds more to the value of the project is the fact that the team behind the project amalgamates the quantitative and qualitative evidence from their users and partners in order to make decisions. They make use of data to bring improvements to the project constantly.