Banxa Reports March Quarter Financial Results
Toronto, Ontario--(Newsfile Corp. - May 30, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTC Pink: BNXAF) (FSE: AC00) ("Banxa'' or the "Company") is pleased to report the unaudited financial results for the third quarter of fiscal year 2025, being the period ended March 31st, 2025 ("Q3"). The full results including Management Discussion & Analysis ("MD&A") are available on SEDAR.DECEMBER QUARTER FINANCIAL HIGHLIGHTS(Figures are in AUD and all comparisons are relative to the three-month period ended March 31st, 2024, unless otherwise...
2025-05-30 5:00 PM EDT
Banxa Announces Secured Loan of up to US$5.0 Million
Toronto, Ontario--(Newsfile Corp. - April 30, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTC Pink: BNXAF) (FSE: AC00) ("Banxa" or the "Company"), the leading infrastructure provider for enabling embedded crypto within payment platforms, today announced that it has completed a loan transaction pursuant to which the Company issued a secured promissory note (the "Promissory Note") in the principal amount of up to US$5.0 million (the "Loan") to an arm's length third party (the "Lender"). The Loan proceeds will be advanced...
2025-04-30 5:24 PM EDT
Banxa Holdings Inc. Confirms Receipt of Unsolicited Acquisition Proposal
Toronto, Ontario--(Newsfile Corp. - April 8, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTC Pink: BNXAF) (FSE: AC00) ("Banxa" or the "Company"), the leading infrastructure provider for enabling embedded crypto within payment platforms, today acknowledged receipt by its board of directors (the "Board") of a non-binding, unsolicited acquisition proposal (the "Proposal") from an arm's length investor group led by Mr. Khurram Shroff (the "Potential Bidder") to acquire 100% of the issued and outstanding shares of the Company at a purchase...
2025-04-08 8:00 AM EDT
Banxa Reports December Quarter Financial Results
Toronto, Ontario--(Newsfile Corp. - March 3, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa'' or the "Company") is pleased to report the unaudited financial results for the second quarter of fiscal year 2025, being the period ended December 31st, 2024 ("Q2"). The full results including Management Discussion & Analysis ("MD&A") are available on SEDAR.DECEMBER QUARTER FINANCIAL HIGHLIGHTS(Figures are in AUD and all comparisons are relative to the three-month period ended December 31st, 2023, unless otherwise stated)10%...
2025-03-03 8:00 AM EST
Banxa Bolsters Board with Tony G and Enters into Agreement to Mutually Terminate Arrangement Agreement
Toronto, Ontario--(Newsfile Corp. - February 18, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTC Pink: BNXAF) (FSE: AC00) ("Banxa" or the "Company") announced today that, effective February 18, 2025, the Company and 1493819 B.C. Ltd. (the "Purchaser"), being the private company formed by Zafer Qureshi and Holger Arians, the co-Chief Executive Officers of Banxa, to pursue the previously announced management-led going-private transaction involving Banxa, have entered into a termination agreement that mutually terminates the arrangement agreement entered into by the...
2025-02-18 8:00 AM EST
Banxa Holdings Inc. Announces Receipt of Superior Proposal
Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTC Pink: BNXAF) (FSE: AC00) ("Banxa" or the "Company") today announced that it has received a proposal from Exodus Movement, Inc. ("Exodus") for the acquisition of all of the issued and outstanding common shares of Banxa (each, a "Share") by way of plan of arrangement (the "New Offer"). The board of directors of Banxa (the "Board"), after consultation with the Company's financial and legal advisors, and after...
2025-02-04 8:00 AM EST
Banxa Breaks Down Crypto Barriers by Launching World-Leading Layer 2 Fiat On-Ramp
Launching Layer 2, Banxa cuts transaction time in half and reduces costs by over 300,000%1Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - December 22, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), payment service provider (PSP) and RegTech platform for the digital assets industry, is proud to announce the launch of its world-leading Layer 2 (L2) Fiat On-Ramp.While the cryptocurrency market has significantly grown, heavy fees and complex purchasing systems have weighed upon the...
2021-12-22 10:08 AM EST
Banxa Announces Partnership with the Leading Hardware Wallet Provider Ledger
Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - December 20, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first listed payment service provider (PSP) and RegTech platform for the digital assets industry, is excited to announce a partnership with Ledger, the world-leading hardware wallet provider. Customers will now be able to access Banxa's global payments network through the Ledger Live app, opening up a wide variety of payment options for purchasing crypto...
2021-12-20 9:00 AM EST
Banxa Submits Application for NASDAQ Capital Market Uplist
Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - December 9, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry, is pleased to announce that it has filed a comprehensive listing application with the NASDAQ Capital Market "NASDAQ". Ticker code "BNXA" has already been reserved.Banxa believes that being on the NASDAQ comes with several benefits to the Company and...
2021-12-09 9:00 AM EST
Banxa Announces November Record Transaction Volume of $245 Million
Highlights:November Total Transaction Volume (TTV) of $245 million AUD [USD $173m]Growth of 50% month-on-monthYear on Year increase of 642% for month of NovemberSigned 21 new partners in NovemberCurrently Supports 50 coins/tokensToronto, Ontario and Melbourne, Australia--(Newsfile Corp. - December 7, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry is pleased to announce the November 2021 TTV...
2021-12-07 9:01 AM EST
Banxa Signs Top 20 Crypto Derivatives Exchange Deribit
Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - December 1, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry, is excited to announce the launch of a partnership with Deribit, the institutional-grade Top 20 crypto derivatives platform (Source: coinmarketcap.com). This partnership gives Deribit customers access to the Banxa Network, with the broadest range of payment options using Banxa's...
2021-12-01 9:00 AM EST
Banxa Announces Fiscal Results for September Quarter 2021
Highlights:$256 million AUD ($182 million USD) Total Transaction Value (TTV) up 205% year on yearRevenue of $12 million AUD ($8.5 million USD) - up over 316% year on year$25 million AUD ($18 million USD) in liquid assets (including cash and equivalents)Adjusted EBITDA loss of $1.2 million AUD ($0.8 million USD)Added 17 new coins with current support for 39 coinsToronto, Ontario and Melbourne, Australia--(Newsfile Corp. - November 29, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa"...
2021-11-29 9:00 AM EST
Banxa Announces Partnership with Mining Platform NiceHash for Crypto Buy/Sell
Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - November 22, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry, is pleased to announce it is now live with mining and trading giant NiceHash. Nicehash has over 1 million daily users. Banxa will provide crypto Buy/Sell functionality for NiceHash users.NiceHash, a EU based marketplace for hash power allowing small...
2021-11-22 9:00 AM EST
Banxa Announces October Record Transaction Volume of $162 Million
Highlights:October Total Transaction Volume (TTV) of $162 million AUD [USD $120m]Growth of 28% month-on-monthThe company has signed 16 new partners in OctoberSince IPO in January 2021 the company has grown the Partner Network by 93% - from 38 to 74Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - November 8, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry,...
2021-11-08 9:15 AM EST
Banxa Announces Audited Fiscal Results for 30th June 2021, with Maiden Adjusted EBITDA Profit
Highlights:● $688 million AUD (519.3 million USD) Total Transaction Value (TTV) for the Fiscal Year ended 30th June - up 893% year on year.● Revenue of $46 million AUD (34.7 million USD) for the Fiscal Year ended 30th June - up over 577% year on year● $25 million AUD (18.8 million USD) in liquid assets (including cash and equivalents).● Adjusted...
2021-10-29 9:00 AM EDT
Banxa Announces 34% Monthly Growth with $117 Million Transaction Value
Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - October 12, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance Reg-tech platform for the digital asset industry, has today announced its results for September 2021. The company has recorded a Total Transaction Value (TTV) of $117.5 mn AUD.Highlights:The company recorded a September Total Transaction Value (TTV) of $117.5 MN AUD - A 34% increase over the...
2021-10-12 9:00 AM EDT
Ex JP Morgan/Wirex Executive Joins Banxa as Managing Director to Head European Expansion
Toronto, Ontario and Amsterdam, Netherlands--(Newsfile Corp. - October 5, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first listed payment service provider (PSP) and Reg-Tech platform for the digital assets industry, today announced its continued focus on further global expansion and the hire of Mr. Jan Lorenc as Managing Director of Europe.Mr. Lorenc joins Banxa from fast growing fintech Wirex, where he led European operations as Managing Director and Head of...
2021-10-05 9:00 AM EDT
Banxa Launches Compliant Crypto "Sell" Functionality For EURO, GBP and AUD
HighlightsBanxa can now provide fast, secure, sell functionality through its partner integrations in EURO, GBP and AUDAllows end users of Banxa's partner network to move freely in and out of cryptocurrencyThe company will roll out this compliant "Sell" function in more markets and digital assets in the near futureOpens a new market opportunity, a significant expansion of the company's product lineToronto, Ontario and Melbourne, Australia--(Newsfile Corp. - September 21, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00)...
2021-09-21 9:00 AM EDT
BANXA Announces $78 Million in August Transaction Volume and New Partners Signed
Highlights:Monthly Total Transaction Volume (TTV) of $78 million AUD, an increase of 275% year-on-yearNew partners signed including Hivelly and BityardToronto, Ontario and Melbourne, Australia--(Newsfile Corp. - September 9, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX:BNXAF) (FSE:AC00) ("Banxa" or "The Company"), the world's first listed payment service provider (PSP) and Reg-Tech platform for the digital assets industry, today announced its latest TTV numbers of $78 million AUD for August 2021 and the addition of two new partners who both...
2021-09-09 8:00 AM EDT
Banxa Announces New Hires and New Website to Prepare for the "Takeoff" Stage of Rapid Growth
Toronto, Ontario and Melbourne, Australia--(Newsfile Corp. - September 7, 2021) - BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's fastest-growing, public payment service provider (PSP) for the digital assets industry, today announced its new "Takeoff with Banxa'' Initiative whereby the company will reveal its new branding, new additions to the global management team, and new corporate initiatives.Highlights:New Senior Hires including -Chloe Sasson as Chief of Staff, formerly of GoogleStephane Leloup as Head of...
2021-09-07 9:00 AM EDT