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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 BigBangOriginson Dec 10, 2021 9:23am
97 Views
Post# 34217953

RE:Progress

RE:Progress Abedim, you're completely on point! Some additional points:
  • Rock solid BS
  • Strong margins
  • Extremely high degree of operating leverage and scalability
  • Large market and growing market opportunity
I've looked at this company from various angles and I can't seem to find any intrinsic weakness. Banxa won't be able to fly under the radar for long, especially once it's on the Nasdaq. The SP will see a major re-rating upwards in 2022.

Good luck to all longs!
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