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 > Revenue multiple

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Comment by Vancity1on Mar 09, 2021 3:18pm

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RE:RE:Revenue multiple

Technically the Rass report should be updated with this years TTV and growth numbers factored in and we must take into account how young the company is and how much it is growing. Revenue could easily surpass 40mil for the full year 2021 with the growth of the TTV.

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