FIAT ON RAMP

September 9, 2023

Plena Integrates With Transak

🔥Plena Integrates With @transak_ 🎇We are thrilled to announce our latest integration with @transak_ With this collaboration #PlenaFinance 📱App. will be using the fiat on-ramp solution that @transak_ provides to ease financial transactions

We are thrilled to announce our latest integration with Transak. With this collaboration, Plena Finance mobile application will be using the fiat on-ramp solution that Transak provides to ease financial transactions on the mobile application.

By entering this strategic integration with Transak, we will be able to work with a platform whose product allows our users to buy cryptocurrency in our app with ease. This integration fits both parties as it is aligned with Transak’s mission of making decentralized applications accessible. With Transak, developers can seamlessly integrate crypto onboarding infrastructure tools into their products. This is what we are trying to do.

Transak since its launch has enabled API-driven fiat payment methods in 120+ countries and 100+ supported cryptocurrencies on over 30 blockchains. The company has also partnered with some of the biggest Web3 players in the industry like Polygon, MetaMask, WazirX etc.

Transak has its global fiat on-ramp integrated into its application, and this allows dApp users to acquire crypto assets with their existing bank accounts directly via bank transfer, card payment, or other local payment methods.

Commenting on the integration with Transak, Plena Finance’s CEO Sparsh Jhamb said:

The Plena Finance team is committed to driving Web3 adoption across the world and to achieve this we want to put out the best Web3 application there will be. To achieve this, we’ll need to collaborate and partner with the industry’s best solutions and Transak is one of such.

Onboarding new users into the Web3 space requires them to have cryptocurrency in their wallets and there are many complicated fiats to crypto services out there. Transak’s on-ramp infrastructure solves this problem.

About Transak

Transak is a single integration for applications to enable fiat-to-crypto on-ramp from a global user base. It does this by providing API-driven fiat payment methods to the on-ramp to 100+ crypto assets and abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods and customer support. Transak’s widget can be integrated into an app in just a few lines of code. Transak is backed by top VCs, including Consensys and graduated from the Tachyon accelerator program.

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About Plena

Plena is a mobile-first application that provides comprehensive Web 3.0 and DeFi (including NFT and Metaverse) services. This is a private, gasless and interoperable application that is compatible with both iOS and Android devices.

The Plena team is a family of passionate and hardworking Web3 enthusiasts working towards a common goal of making Web3 products accessible, simple, and rewarding for the masses with a robust and comprehensive ecosystem.

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