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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 Vancity1on May 02, 2021 12:52am
201 Views
Post# 33110054

RE:RE:RE:RE:Banxa vs Bitf.

RE:RE:RE:RE:Banxa vs Bitf.Urbani: For sure and I like cash flow to cover expenses instead of Hodling BTC and issuing equity to fund expenses. The equity Bitfarms will have to issue to grow the way it plans will be unreal. Banxa is making cash flow and it's growing fast. I wouldn't be surprised to see our EBITDA profit grow a bit even know Dom has stated he is not trying to make the company profitable right away they plan to use profits to grow the business and what it is offering. 
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