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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
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Post by Jonas155on May 31, 2023 8:57am
138 Views
Post# 35471995

Positive March 2023 Quarter

Positive March 2023 Quarter
Banxa nears profitability with a positive March 2023 Quarter.
 
- TTV up 12% from prior Qtr
- Revenue up 21%
- Gross profit up 8%
- Operating profit/loss up 38% (very near to breakeven)

Great news with general business updates also and the company has requested that the Cease Trade Order (CTO) be lifted.

https://finance.yahoo.com/news/banxa-reports-march-qtr-fy23-212800707.html
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