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 > PayPal vs Banxa..

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Post by Vancity1on Aug 17, 2023 2:10am

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Post# 35592304

PayPal vs Banxa..

Not looking good for Banxa the self discribed PayPal of crypto according to the founder Dom. PayPal is evtering the space in a big way and fast partnering with Ledger and others who Banxa is already a partner, essentially eating Banxas breakfast lunch and dinner.

how Does Banxa stay relevant ? Where is the urgency ? Banxa is running out of liquidity fast with debt servicing and cash burn.

Banxa needs to sell to the highest bidder urgently...

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Two micro-cap stocks with strong fundamentals