BANXA Announces $78 Million in August Transaction Volume and New Partners Signed - Investing News Network

Highlights:Monthly Total Transaction Volume of $78 million AUD, an increase of 275% year-on-yearNew partners signed including Hivelly and BityardBanxa Holdings Inc. the world’s first listed payment service provider 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 signed agreements on standard …

Highlights:

  • Monthly Total Transaction Volume (TTV) of $78 million AUD, an increase of 275% year-on-year
  • New partners signed including Hivelly and Bityard

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 signed agreements on standard commercial terms.

Banxa has also continued to build out its compliance solutions for global digital asset businesses, largely driven by requests from the company’s partners. This focus on regulation and compliance service provision moves Banxa firmly into the Reg-Tech space with its Compliance-as-a-Service model.

Holger Arians, CEO of Banxa said, “It has been a couple of exciting weeks for us – barring Tuesday’s BTC sell off, we’ve seen an overall pick up in volumes across the digital asset sector that seems likely to continue. Additionally, it is great to announce...



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Source: NewsService