Welcome to our dedicated page for Banxa Hldgs news (Ticker: BNXAF), a resource for investors and traders seeking the latest updates and insights on Banxa Hldgs stock.
Banxa Holdings Inc. (BNXAF) operates at the intersection of traditional finance and digital assets, providing infrastructure for seamless crypto-fiat integration. This news hub offers investors and businesses timely updates on the company's strategic developments in payment technology and regulatory compliance.
Access official announcements covering partnership expansions, platform enhancements, and market positioning within the crypto infrastructure sector. Our curated collection includes earnings reports, service launches, and operational milestones that demonstrate Banxa's role in advancing embedded financial solutions.
Key updates focus on cross-border payment innovations, licensing achievements, and technology deployments that enable businesses to adopt digital asset capabilities. Monitor developments in Banxa's global compliance framework and its impact on institutional crypto adoption trends.
Bookmark this page for centralized access to verified information about BNXAF's progress in building regulated bridges between conventional banking systems and blockchain networks. Regular updates ensure stakeholders maintain informed perspectives on the company's contributions to financial technology evolution.
Antanas Guoga has filed an early warning report regarding his acquisition of 763,600 common shares of Banxa Holdings Inc. (BNXAF) on February 14, 2025, through the TSX Venture Exchange. Prior to this acquisition, Guoga held 4,567,200 common shares, representing approximately 10.02% of outstanding shares. Following the purchase, his holdings increased to 5,330,800 shares, representing approximately 11.69% of outstanding shares.
Guoga maintains a long-term investment perspective and may further increase or decrease his position through market or private transactions, depending on market conditions and other factors.
BANXA Holdings Inc. (OTCQX:BNXAF) announced a strategic partnership with BitMart, enhancing cryptocurrency adoption in crucial markets like Asia-Pacific and Latin America. This collaboration will provide BitMart users with more fiat-to-crypto on-and-off-ramping solutions, leveraging Banxa’s extensive payment network. Key benefits include higher conversion rates and lower fees due to access to local payment options. An introductory offer of 0% gateway fees on credit card purchases is available until March 31, 2023. This partnership underscores both companies' commitment to improving the digital asset trading experience.
Banxa Holdings (TSXV:BNXA)(OTCQX:BNXAF) is finalizing its audited annual financial statements for the fiscal year ending June 30, 2022. The company reports a revenue of approximately AUD$71 million (USD$49 million), a 53% increase from the previous year. The delay in filings is attributed to a review of revenue recording methods, with no impact on gross profit. Banxa has also reclassified digital assets on cryptocurrency exchanges for transparency. The firm anticipates filing its Annual Filings and interim statements soon, which may lift the current cease trade order. Total transaction volume reached circa AUD$1.6 billion (USD$1.1 billion) in FY2022.
BANXA Holdings Inc. (OTCQX:BNXAF) has integrated with MetaMask to enhance fiat-to-crypto transactions for users in Canada, Australia, the Netherlands, South Africa, and Turkey. This partnership allows easier access to crypto via local banking networks, reducing fees for users. Through Banxa's platform, MetaMask users can utilize standard payment methods like credit cards and Apple Pay, alongside regional options such as Interac in Canada. The integration promotes seamless fiat transfers, improves compliance, and simplifies onboarding for new crypto users. This move aligns with the growing demand for decentralized finance solutions.
Banxa Holdings (OTCQX:BNXAF) provided an update on its trade cessation status and business progress. The company is finalizing its audited financial statements for the year ending June 30, 2022, in collaboration with RSM Canada. Banxa has secured 12 USA Money Transmitter Licences and completed over 30 integrations, generating an additional AUD$500,000 in gross profit. To support increasing working capital needs, Banxa's subsidiary BTC entered a loan agreement for up to AUD$2 million with Thorney, accruing interest at 19.99%.
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