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 > Visa and Banxa

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Comment by BCdudeon Feb 11, 2021 1:09pm

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Post# 32542071

RE:Visa and Banxa

Can't see BNXA wanting to sell at this point unless it's for a HUGE premium, and Visa may not want to ante up. $500 million buyout minimum IMO -- which is $12.00/share.

StockGuru454 wrote:
visa has announce they are going to get more involved with crypto currencies today. Was talking to some guys couple weeks ago on a forum and they were saying visa might seek to be buying Banxa to gain an advantage. I'd really like to know if this is true amd find is curious that SP went from 1.80 to 3.40 at one point in a matter of 8 days. Anybody has news I'm not seeing on this? This is massive if it's actually true.

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