Business

Ali Mustafa Ahmad’s Story Truly One Of Rags To Riches; Filled With Inspiration Towards Those Seeking Change!

Published

3 years ago

August 9, 2022

Ali Mustafa Ahmad, widely recognized as ‘Ali Madrid’ is an upcoming entrepreneur and a successful business owner who is making it big in the world of transportation. Ali’s story is more than just inspiring, it is the torch bearer for all those who are stuck at some place in their lives and feel like they aren’t capable of doing anything exponential.

Ali entered the business of transport while having to look over many hurdles on top of his shoulder, because having the first pre-set up done in business was an indirect plan of his unexpected grand success & other disagreements made in the company. Ali knew that he wanted to take the risk completely and it turned out being the best investment move he could ever make in his life.

Within a year’s time, Ali became the proud owner of various contracts with over millions of dollars coming in as revenue for him every consistent base. When asked about how he measured his success, Ali shared that for him personally, “Success is defined by where the person initially stands at their starting point, to where they are currently now and what exactly has been accomplished.” he stated.

Humbly talking about his life before he achieved being a top successful business owner, Ali shared that he was fresh out of a war pit back home, originally in Iraq, and was living with his entire family however he knew he wanted to do something big to turn their live’s around. So he dedicated himself into a strategic plan and well made the rest history!

Now, obtaining a successful business mojo in fact which grows by the coming day, Ali is living his best life. He travels to various different places while exploring life to the fullest, his social media game is impactful and encouraging as for his personal achievements seen are placing him on the correct path-way towards a continuous incline ‘celebrity status’. Watch out for this young entrepreneur conquering over!

Go check him out on Instagram. Here at https://instagram.com/ali.m.madrid?igshid=YmMyMTA2M2Y=

Business

Black Banx Group — Third Quarter 2025 Results

Published

2 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.