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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 Order66on Mar 27, 2021 4:34pm
264 Views
Post# 32893525

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:End of day push for green !!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:End of day push for green !!
Yes, he also said they currently work with about 50 exchanges. They've targeted 500 exchanges to work with out of a few thousand available. Also, acquiring more licenses in more countries. Exchanges considering using their domains to advertise and acquire business. Cash they brought in from pp is obviously to scale in my opinion. Putting themselves into the position of being able to serve a coinbase or voyager. The business model and platform has now been proven and the business is preparing for lift off. A billion annual ttv will be a drop in the bucket and with scale and licenses the platform will be futureproofed against competitors.
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