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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 rankininleton Jan 09, 2021 5:04pm
138 Views
Post# 32261908

RE:RE:RE:Voyager vs Banxa valuations

RE:RE:RE:Voyager vs Banxa valuationsThanks.  I had a look with the  hope of gleaning an historical  commission % as well as see if content in the f/s would shed light on crypto price impact on revenues.  Because the f/s revenue history is very muched linked to crypto price it is hard to estimate historical  commission % at first glance.  Additionally, historically, a high crypto price looks to have heavily improved crypo sales revenues and the opposite when crypto prices deflated.  While that hints at an increase in crypo sales revenues in the present crypo price super mania, I not sure.  So that leaves two questions for me for the 3 months ending Dec31-2020.  Given we know how much transaction volume there was ($111,000,000).  Can we determine commissions dollars or presentage?  Can we determine crypto sales revenues?  Anyone on this Board want to guess the answers to those two questions?
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