Business

Merchant Cash Advance is Opening the Doors for Growth in Small Businesses

Published

6 years ago

July 17, 2019

A merchant cash advance is proving to fulfill business demands such as growth and development. Primarily it is proving beneficial for small and medium-sized businesses which were earlier dependent upon traditional bank small business loans. Small and medium enterprises are now arranging finance to grow or develop their business with their monthly sale. A company which earns $30,000 monthly can take advance finance of $37,500 after applying to a merchant cash advance.

Merchant cash advance providers take back the given amount by imposing withholding percentage on your daily transactions done with credit or debit card. There is no time limit to repay the given amount. Many financial solution providers are luring businesses by offering attractive withholding percentages ranging from 4% to 30%. There are many cash loan benefits in Canada after applying for a merchant cash advance. It is a fast and easy way to obtain funding for your business, with most approvals taking place within hours.

Like other loans, merchant cash loan lenders do not ask you where you will spend the advance amount. And it has the highest approval rating of up to 97%. One can enjoy its benefits with the monthly sale of $1,000 to $250,000. The best part about merchant cash that is attracting businesses towards it is that it does not charge interest rate and hidden charges. Merchant cash advance provider companies do not ask to check your financial status. They only check whether you do transactions with credit or debit card or not.

Business

Black Banx Group — Third Quarter 2025 Results

Published

21 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.