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Banxa’s recent listing on Toronto Stock Exchange (TSX) resulted in a 92% rally on Day 1

  • Published January 05, 2021 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Banxa’s recent success in listing on the Toronto Stock Exchange (TSX Venture Exchange) making it the first Payment Service Provider (PSP) to be listed globally.

A PSP focused on providing clients safe, compliant access to the digital assets market, BANXA (TSX-V:BNXA – Banxa Holdings Inc.) pushes on its goal to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency.

Banxa’s recent listing on TSX resulted in a 92% rally on Day 1. The company continues to make waves in the industry as its flagship Business to Business (B2B) product reaches over 1.2 million users through its B2B customer network, while the company’s Business to Consumer (B2C) product portfolio encompasses a number of brands and has been in operation since 2014.

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About Banxa

Banxa offers global and local payment methods like credit cards and retail store networks. With zero chargebacks and an easy to integrate API, exchanges, wallet providers and other industry players can offer their customers an easy and secure way to buy cryptocurrency.

Banxa takes care of all regulations, payment network integrations, operational overheads and fraud management. The company has been named one of ‘250 crypto companies to watch in 2020’ by cryptoweekly.co and one of ‘Australia’s fastest growing tech startups’ by Growthlist.

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