Transak Now Live On Newmoney.ai For Improved Digital Asset Access

Transak, a leading global fiat-to-crypto payment gateway, is delighted to announce a strategic partnership with Newmoney.ai, an innovative AI-powered digital wallet that seamlessly integrates cash, stocks, and cryptocurrencies. This integration will enable Newmoney users to seamlessly purchase cryptocurrencies using their preferred local payment methods, directly within the Newmoney platform.

“We're excited to join forces with Newmoney.ai, a company that shares our vision of a more inclusive and accessible financial future,” said Sami Start, CEO of Transak.

Newmoney redefines financial transactions with its smart, AI-driven digital wallet. Accessible across popular messaging platforms like SMS, Telegram, Discord, and Instagram, Newmoney allows users to perform tasks like sending and receiving funds, trading stocks, and swapping cryptocurrencies — all through simple chat commands.

Supporting Ethereum-based networks and Solana, including Ethereum, Polygon, Binance Smart Chain, Avalanche, and more, Newmoney eliminates the barriers to managing multi-chain assets with unparalleled convenience.

However, one of the pain points for Newmoney is that many of its users, especially newcomers, struggle to navigate the complexities of purchasing cryptocurrency, including dealing with external exchanges and complicated verification processes.

Further while Newmoney supports users worldwide, digital payment options and support for diverse currencies are often limited, creating friction for users in underrepresented regions.

Importantly, with financial transactions at the core, users need confidence in the platform’s infrastructure to protect their funds and personal data.

By integrating Transak, Newmoney is addressing these challenges head-on, enhancing the platform’s value proposition and making financial transactions truly borderless and intuitive.

Transak eliminates the need for external exchanges or cumbersome processes by enabling direct fiat-to-crypto purchases within Newmoney’s platform. Users can buy cryptocurrencies like Ethereum, Polygon, and Solana with just a few clicks, directly in their chat-based wallets.

"Our partnership with Transak removes a significant pain point for our users, making it easier than ever to access and manage cryptocurrencies. This integration enhances the overall user experience and strengthens our commitment to providing a truly seamless and intuitive financial platform,” said Travis Skweres, Founder and CEO, NewmoneyAI.

With support for 20+ localized payment methods in 160+ countries, Transak ensures that users worldwide can purchase crypto using methods they are familiar with, such as bank transfers, Google Pay, Apple Pay, and local credit/debit cards. This dramatically reduces the entry barrier for users in emerging markets, aligning with Newmoney’s global vision.

Finally, Transak’s compliance-first approach ensures users’ transactions are safe and secure. As a registered Money Services Business (MSB) under FinCEN, with ISO/IEC 27001 certification and SOC II compliance, Transak provides a robust framework for secure financial operations.

About Transak

Transak is the world's most compliant and largest Web3 payments infrastructure provider, serving over 8.13 million users across 160 countries. It powers 350+ platforms, facilitating the purchase and sale of digital assets with its API-driven fiat-crypto on/off-ramp, NFT checkout, and other solutions that simplify KYC, compliance, payment methods, and customer support.

Headquartered in Miami, Florida, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.

For more information, visit transak.com or follow us on x.com/transak  and linkedin.com/company/transak.