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Bullboard - Stock Discussion Forum 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... see more

TSXV:BNXA - Post Discussion

Banxa Holdings Inc > Progress
View:
Post by Abedim15 on Dec 10, 2021 8:23am

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.

Comment by BigBangOrigins on Dec 10, 2021 9:23am
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' ...more  
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