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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 Vancity1on Nov 29, 2021 11:16pm
94 Views
Post# 34178583

RE:RE:Banxa Sep numbers

RE:RE:Banxa Sep numbers

The good thing about borrrowing money to help them grow is that they are not printing more shares and diluting us shareholders. As far as I'm aware they don't borrow the mo ry for long only for a few days or week here and there and they are looking at getting more financing at much more reasaonable rates as to not have to print more shares and dilute. 


Q1 was a really weak Q and it's in the past we are a bigger company now than in July august and September.


Looking forward to the new year.  

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