Business

Bad Credit Loans with Guaranteed Approval are Facilitating People Get Funds to Solve their Emergency Needs

Published

4 years ago

May 27, 2021

Applying for a loan for a given cause requires a person to fulfill certain requirements in a financial institution. One of the important requirements to get a loan is a high credit score. Not everyone manages to maintain his credit score due to the lack of financial knowledge or some unintentional financial mistakes.

As a result, it becomes quite difficult for such people to avail themselves of the much-needed financial help in an emergency situation. However, things have changed over time due to the availability of many bad credit loan services with guaranteed approval.

Now, it is quite possible for every person to solve his emergency financial needs by opting for bad credit loans with guaranteed approval from Slick Cash Loan in no time. The financial service helps people get instant cash loans even with a bad credit score.

Unlike financial institutions such as banks, it is possible for applicants with bad credit to get funds with ease. They just need to fill their online application form and the loan gets processed at a fast speed. Apart from the fast approval of loans, applicants can easily get loans at reasonable rates.

The guaranteed approval of loans from online financial services is helping people avail of bad credit for any project. It has made it possible for borrowers to satisfy their emergency financial needs in a convenient fashion.

Professionals at bad credit loan financial services make it possible for borrowers to easily qualify for a loan. Moreover, they are also liable to pay only reasonable and fair processing fees to get funding for their emergency financial needs.

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.