Business

Instant Cash Advance Online Services Have Given Entrepreneurs a Solution to Meet their Financial Needs

Published

5 years ago

November 3, 2020

Entrepreneurs have got a big relief in the digital world due to the availability of many online services. One such service in this context is the availability of instant and hassle-free cash advance service. It has solved the problem of obtaining the required finances for running any entrepreneurial activity.

The best part associated with online instant cash advance services is that they are available for even those people who don’t enjoy a good credit score. Normally, young entrepreneurs don’t have a high credit score due to inadequate financial decisions in the entrepreneurial world.

For those entrepreneurs, it is easy to apply for an instant cash loan online and it doesn’t require an applicant to carry any document with himself to a bank. The entire process of applying for this loan is extremely simple and one just needs to follow a few easy steps.

Due to the availability of same-day cash loan services, entrepreneurs are finding it comfortable to implement their business ideas without any delay. Many online financial services for instant cash advance are available that have allowed entrepreneurs to arrange funds in a hassle-free manner.

Slick Cash Loan is one such instant online cash service that provides instant funding to applicants to meet their financial needs. Even people with a poor credit score can easily avail of funding instantly by clicking the link, https://slickcashloan.com/cash-advance-online-same-day.php, on their electronic device.

The availability of many online instant cash funding services has solved a big problem of arranging funds for new entrepreneurs. It has given them the freedom to run their operations in a smooth manner.

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.