Business
How Athletic Stardom Propelled Stephen Orso Into Early Business Success
Stephen Orso operates from a unique perspective, one of athletic and business excellence. Growing up, Stephen was a baseball phenom, the next great knuckleballer, if you will. Stephen spent his entire youth training, competing, and excelling at all sports, but mainly at elite level baseball. Stephen’s unique talent secured him personal training sessions with knuckleball great RA Dickey as well as a spot on the University of Maryland’s Division 1 baseball team. In order to perfect such a unique and complicated pitch, as well as be recruited to an elite university for this talent, Stephen had to crack a notoriously complicated technique as well as outwork his competition. Stephen translated this propensity to outwork and out-succeed his competition when he entered the business world.
Not only did Stephen learn useful habits from his athletic career, he received massive amounts of wisdom about the value of hard work and how to succeed in the business world from his family. Stephen’s grandfather was a bricklayer in Bensonhurst Brooklyn; Stephen’s father worked two jobs to put himself through St. John’s University, graduated valedictorian, went on to Columbia business school and to become an incredibly successful banker. Stephen has both hard work and success in his bones. Stephen’s father facilitated many early business experiences for him, setting Stephen up to be a serial entrepreneur since he was 17 years old. At that young age, Stephen negotiated a deal with one of the largest sports memorabilia dealers in the world, JL Sports, for his personal sports memorabilia company. This was just another fix for Stephen’s addiction to success.
As Stephen got older, he entrenched himself more and more into the business world building on his skills and history. “I’ve always been committed to trying to optimize health. I could have never made it as far as I did in baseball without be very careful about what I put into my body,” Stephen commented. This is why Stephen’s investment portfolio includes many health conscious, as well as profit producing, companies. Stephen’s been a long-time investor in Barely Bread, an artisan quality bread company that is certified non-gmo, gluten-free, paleo. As an investor, Stephen was ahead of the curve with high quality yet health conscious food products. Stephen is also an investor in Flow Water, an 100% naturally alkaline spring water company, making him co-investors with Gwyneth Paltrow and Shawn Mendes. “Both of these companies make profits while helping people live healthier lives. That’s something I can agree with,” Stephen remarked when asked about his health conscious investments.
Stephen likes to diversify his portfolio, which is why he is also invested in film and television. He’s producing a new mini series focusing on fine dining, influential chefs, and unique food creations. This project has actually received some recent press in the London Daily Post. Despite being a newcomer to film and tv, Stephen’s experience investing in the food & beverage industry as well as his business acumen all but guarantees his future triumphs in the culinary & health film world. Stephen has never had a reason to doubt his ability to take on a new challenge, outwork others, and succeed with flying colors, so why would he stop now?
Business
Black Banx Group — Third Quarter 2025 Results
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.
-
Tech5 years agoEffuel Reviews (2021) – Effuel ECO OBD2 Saves Fuel, and Reduce Gas Cost? Effuel Customer Reviews
-
Tech6 years agoBosch Power Tools India Launches ‘Cordless Matlab Bosch’ Campaign to Demonstrate the Power of Cordless
-
Lifestyle6 years agoCatholic Cases App brings Church’s Moral Teachings to Androids and iPhones
-
Lifestyle5 years agoEast Side Hype x Billionaire Boys Club. Hottest New Streetwear Releases in Utah.
-
Tech7 years agoCloud Buyers & Investors to Profit in the Future
-
Lifestyle5 years agoThe Midas of Cosmetic Dermatology: Dr. Simon Ourian
-
Health7 years agoCBDistillery Review: Is it a scam?
-
Entertainment6 years agoAvengers Endgame now Available on 123Movies for Download & Streaming for Free
