GREY:CNONF - Post Discussion
Post by
maysilverstone on Aug 30, 2021 3:53pm
$LYNX - one to watch in fintech sector
The global Fintech market is rapidly growing (expected to grow at a CAGR of 23.41%) due to increasing user preference for online transactions and the improved customer experience from the convenience in payments and delivery.
$LYNX is a company that is cheap at $0.36 with a mc of $32.61M and is very undervalued.
They focus on banking and fintech relationships in South East Asia and Oceania. Targeting one of the fastest growing Fintech markets in the world, the total Southeast Asian digital transaction value is predicted to grow from $620B to $1.2T by 2025.
At the beginning of this month they announced their partnership with China's UnionPay, which is a global payment brand with the worlds largest cardholder base.
- UnionPay's network has expanded to 180 countries/regions
- Over 61M merchants and 2.9M ATMs
- BRB (their subsidiary bank) customers will be able to receive funds and soon send money at competitive rates without additional service charges to any UnionPay Cardholders globally, who can then spend directly using the UnionPay Card
As $LYNX continues with their partnerships and expand their fintech operations, they will be seeing lots more growth in this booming sector!
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