PANews reported on April 9 that Gobi Partners announced an investment in Transak, a global payments infrastructure provider, to support the expansion of its compliant stablecoin and digital asset payment services in Asia.

Founded in 2019, Transak provides a regulated payment layer that enables two-way exchange between fiat currency and digital assets through a single API, covering KYC, anti-money laundering, risk monitoring, licensing requirements, and local payment integration. The company has already obtained 21 regulatory approvals in the US, UK, Eurozone, Australia, Canada, and India, and is poised to expand into the Middle East, Latin America, and Asia Pacific. Transak has established its Asia Pacific headquarters in Hong Kong and plans to deepen its integration with regional payment networks and banking partners.