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 > Voyager vs Banxa valuations

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Post by rankininleton Jan 08, 2021 9:34pm

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Post# 32260056

Voyager vs Banxa valuations

I hope the board will add to this:

Voyager has twice the sales that Banxa has thus, using sales as the valuation metric, Banxa valuation should be half of Voyager. 529mm / 2 = 264.5mm

Per share is 264.5mm / 40.7mm = $6.50

As current share price is $2.99 for Banxa, share price potential appreciation $3.51

Upside potential if Voyager and Banxa are similar enough to compare would be 117%

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