Business

Cybersecurity Solutions Enjoy More Value Among Organizations Operating in the Vulnerable Business Environment

Published

5 years ago

November 1, 2020

Organizations are operating in a dynamic business environment and they come across different challenges that hamper their overall growth. One of the challenges that organizations face today is the prevalence of different cyber threats.

Due to this, it has become crucial for every organization to take strict measures to protect their data in the digital world. Every organization operates in a vulnerable business environment due to which its confidential data always remains at high risk.

Many cybersecurity tools are available today that help an organization get rid of different types of cyber threats in everyday routine. UTMStack is an excellent SIEM tool that offers multiple benefits when it comes to protecting any organization from any cyber threat.

It is a unified threat management dashboard that allows an organization to keep a track of different things such as monitoring and investigation of any cyberthreat. It is an excellent platform that delivers all the essential cybersecurity services in an affordable manner.

Today, hackers are trying to hack the systems of big organizations to steal important information. And it has posed many big challenges for organizations to operate smoothly in the vulnerable business environment. The ease of availability of hacking tools is a common reason for the rising number of hacking attempts.

It has led to a boom in the number of cyberattacks in different ways. The only solution left with organizations is the use of effective cybersecurity tools to reduce the damage of any cyberattack. Organizations are using different cybersecurity solutions to function effectively and safely in the business world.

Business

Black Banx Group — Third Quarter 2025 Results

Published

3 days ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.