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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Financial Services
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

Banxa Holdings Inc > Under Valuation = Opportunity
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Comment by rankininleton Jan 08, 2021 8:03pm
160 Views
Post# 32259874

RE:RE:RE:Under Valuation = Opportunity

RE:RE:RE:Under Valuation = OpportunityIf I was Trump I would deny, deny, and storm the palace.  I ain't so full disclosure.  My original sales number of $444 million was dead wrong.  Commission on $444 million of say 3.00% = annual sales estimate of $13,320,000. Obviously 13mm is not 444mm because transactions processed is not sales, rather, sales is the commission on transactions processed.  That commission could be estimated as 3.00 %.  SORRY FOR MY ERROR!
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