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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 > Gee... I thought these guys had 25 million in cash....
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Comment by FederalReserveon Aug 13, 2021 4:07am
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Post# 33699378

RE:Gee... I thought these guys had 25 million in cash....

RE:Gee... I thought these guys had 25 million in cash....They did a few months ago. Anyone know there cash burn rate??? Besides that $88mil Aug 6 news release, there's more to the story. They hung investors with a nasty cliff hanger. Hopefully we get more scope next week
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