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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

Post by Abedim15on Dec 10, 2021 8:23am
155 Views
Post# 34217746

Progress

Progress

The Twitter posted announcements just keep on coming, safeswap to be intigrated and Polygon built projects now accessible through Banxa payment on ramps. I counted 10 new partners for November based on press releases and Twitter postings. Turns out - as per their news release- they actually signed up 21 new partners during November and they now support over 50 coins. Their TTV numbers for November almost equal the entire 3rd quarter. They announce filing to uplist to Nas; only 50 mil in outstanding shares; over 50% held by insiders or institutions. Brought in 15 mil in revenue and are at just over 150 mil in market cap. Job postings on their web site continue to pop up as an indication of real growth. 

maybe, just maybe one day the market will care. 

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