Six small cap ASX tech stocks to watch in 2021Crowd Media (ASX: CM8)Share Price: $0.052Market Cap: $27 millionThe pandemic started at an opportune time for Crowd Media which had commenced a major business transformation towards eCommerce just months before the breakout of COVID-19. While eCommerce is at the heart of Crowd’s plans to combine their artificial intelligence with influencer marketing for the purposes of sales, marketing, customer service or education, the Company has specifically flagged 2021 as the year they expand their consumer goods eCommerce channels into fintech services. This coincidently comes in the same year that Crowd CEO Domenic Carosa, an early Bitcoin investor, has listed Banxa (TSXV: BNXA) on the Toronto Stock Exchange with a market cap around $50 million, where he serves as Founder and Chairman. Banxa is a fintech company which facilitates onboarding and offboarding transactions for individuals to purchase Bitcoin easily via credit card. Amid the all-time high price of Bitcoin in 2021, global attention around Banxa’s crypto services may raise eyebrows with Carosa also being the Founder of Crowd Media. Prior to their plans to enter the fintech sector in 2021, Crowd’s business transformation has seen a $2.9m improvement in the Company’s bottom line, generating $16.5m in FY20 for a net loss of $1.9m – major improvement on the $4.8m loss incurred the year prior. This was spearheaded by the Chairman appointment of Steven Schapera, Founder of BECCA Cosmetics.—In March 2020, Emerald Financial listed . Of those three, G Medical has re-domiciled to the United States while the other two performed very well through 2020:
