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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 AverageJoeon Jun 09, 2021 9:58am
134 Views
Post# 33354394

RE:BNXA

RE:BNXAIt will Bounce due to the fundamentals,  If you think Crypto is going to crash you should sell.  If you think Crypto will remain you should buy.  Extrapalatiing these numbers out you are now looking at revenues over 50 million/year.  No need to worry about cash burn as per Don's lasst interview half of the first Q's expenses were one time related mainly due to listings.  I expected record TTV for May and with new partners added don't be surprised to see an even higher TTV for June.  This stock just needs exposure IMHO
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