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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 BCdudeon Mar 10, 2021 7:44pm
194 Views
Post# 32769028

RE:BNXA - $$ Revenue cash Business

RE:BNXA - $$ Revenue cash BusinessI could see that. The ultra tight float is going to act as tremendous leverage. Compare that to Voyager Digital (142 million shares) or HIVE Blockchain (347 million shares), and you can make a case for some pretty lofty share price projections. Assuming this crypto bull keeps on chugging.

I posted this recently, but if BNXA traded at the same multiple as Voyager the share price would be around $60.00/share. Or the same multiple as HIVE would be around $43.00.

Some fun days ahead.

Urbani wrote: BNXA ... a very simple revenue model based in this new World of transactions...

Very unique and very simple.... Revenues are moving very fast and as BNXA keeps on-boarding with their Tech (that has been around 7 Years now) they make HUGE dollars...

BNXA may be bought out sooner then later...

I just got confirmation that BNXA is looking at another listing in the States... Hmmmm... I wonder what that could be on....

Also confirmation that the $70,000,000 Million in Transactions in Feb.... by the Month end was a lot higher going into March then that...

So $40 Million plus reveune on an annual basis and growing fast. 10 x revenue is $10 Dollars a share right now .... 20 x would mean $20 Dollars a share right now and really growing revenues very fast...




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