Business

For Quick Cash Solution, Payday Loan is the Best Alternative

Published

6 years ago

July 15, 2019

A payday loan, which is also called salary loan and the small-term loan, is assisting people in getting instant finance against credit card in emergencies. People are relying more on payday loans as compared to the personal loan. Legislations for the payday loan are different in several states and provinces. Choosing a reputable and reliable payday lender that provides multiple quick cash options helps you to handle any financial trouble.

One reason for which borrowers are choosing payday loans over traditional is, they do not take you through a challenging process. Besides, a payday loan is a fast online process to get short term loan that eliminates slow paperwork formalities. Fast and efficient approval of payday loan does not let borrowers wait for a long period to receive the cash. Immediately after disbursing the loan, the financial problem gets solved.

It is a stable income source. That means if you have a true and consistent income source, your payday application is liable to get loan approval. Simple process to get approval includes checking account, email address, and social security number. A government-issued photo ID is required if you are applying through in-store.

After following the regulations and terms and conditions of your state, the payday loan process should be commenced. Qualification for getting payday loan again in the future depends upon your reputation to return the amount on time. For example, if your payday loan helps you to get $800, paying the amount on time qualifies you to get double the amount for your next time payday loan.

Business

Black Banx Group — Third Quarter 2025 Results

Published

5 hours 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.