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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 alleyesonmeon Feb 21, 2021 10:11pm
93 Views
Post# 32623614

RE:Bottlenecks

RE:BottlenecksHey order66. Nice! Just like the other week when they were experiencing delays due to unprecedented transactions. In the last webinar the founder said they currently have the capacity to process up to 1.1billion within a quarter. It will be interesting to hear how much transaction volume has taken place on the days experiencing delays. like you said they need to address this issue. Great question for q4 webinar if they have one or an email to IR. Definitely a good problem to have!!!
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