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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Comment by Urbanion Jan 07, 2021 9:45pm
185 Views
Post# 32251213

RE:Revenue

RE:RevenueRevenue ... BNXA

Business to Business i.e. Austrailian Post

Business to customer: i.e. Bitcoin partner throughout most of World now. EU, Canada, Chad, Libya, etc. People can instantly buy Bitcoin with a easy to use Scan QR code provided in 60 seconds.

Up to 5% Commission and .5 to 2% on spreads

Averages to about 3%

Last quarter was $111,000,000 Dollars worth of Transactions that went through BNXA with most coming in late November and December.

Projected growth is very, very good... with what is happening in the space.

On boarding is seemless as they have been around a while and the tech is in place to handle way more than last quarter.

Hope that helps, it's what I have found out so far.

They are working on a lot more products to offer and want the World to use this type of 'currency...
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