Business

Smart Ways to Find the Best Executive for Your Firm

Published

6 years ago

July 19, 2020

Running a firm is not something easy. Indeed, it is something nice since the profit that you can get from running up a firm is not small at all. However, the pressure is not something that everyone can handle. This one is specifically when you have to find the right executive for your firm. Actually, finding an executive to fill one position in your firm is not something hard to do. There are a lot of people with high qualifications that you can easily hire to fill the positions in your firm. However, finding the right one to fill the position is something different. If you are interested, there are actually some smart ways that you can try if you are looking for the executive search firms Portland Oregon. Here are some of those ways.

Advertise the Vacant Executive Positions

The first thing that you can do is to advertise the vacant positions that you have. This is the most common ways that you can do if you are looking for an executive to fill the vacant position in your firm. Nowadays, there are quite a lot of options of how you want to advertise the vacant positions. One of the best ways is to advertise it through your website or using third party website to help you find the executive to fill the vacant positions.

One reason why a lot of firms using this kind of method is because they can get as many candidates as they want. If you do the same thing, you will also end up with a lot of applicants who want to join your firms as the executive staff. This way, you can filter the best candidates based on what you need. The point that you need to highlight is that the process of recruitment and selection will take a long time. Of course, you can set the closing date to one week or less. However, the possibility that the news to spread will be lowered. That means if you want to attract more candidates, you will need the longer closing date. In short, this is not a good option if you need to fill the vacant position as soon as possible.

Get the Possible Candidates from Your Connection

Running a firm is not something easy. That is why you cannot deny that some firms are usually connected to each other. This one is meant to help the firms to grow bigger together. If your firm has some connections to some other firms, it is not a bad idea to ask for advices from one of those connections. For example, if you are managing firm A and you have connections with firm B, firm C, and firm D, you can ask one of the managers of firm B, firm C, or firm D for the possible candidates. It is not a secret that many staffs, starting from low to high positions, are moving from one firm to another firm. That is one possibility that you need to take into account.

You need to realize that one of the executives from your partnered firms might want to join your firm for his or her personal reason. If this is happening, then you will not need to worry about the recruitment process. The reason is because you can ask the detail of the candidate from your partnered firm. One problem that you might have to deal with this option is the limited option that you can get. Besides that, there is a possibility that the other firms will feel that you hijacked their workers. That is why you need to find the most diplomatic ways to do that. Make sure the bond that you have built will not be ruined because of this simple matter.

Call Staffing Agency in Oregon

The last option that you can try is calling a staffing agency that you can find in Oregon. There are some firms that think calling a staffing agency is not an option. That is because some of those firms have bad experiences with the staffing agency. However, you do not need to worry about that at all. as long as you are choosing the right staffing agency to get the executive staff that you need, you will not find any problem at all. To make sure that you are not falling into the same hole, you need to call Scion as one of the best staffing agencies that you can find, not only in Oregon, but also in United States.

Scion is one of the best staffing agencies that you can find in United States. There are some reasons why they are called so. The first one is because of the large number of options and candidates that they have to help you finding the right executive staffs that you need. This way, you will not need to worry that you will only get one or two options to choose from. The second reason is because they have the detailed and thorough selections before they can admit their candidates. For your information, it is not that easy to be listed on the candidate list of Scion. All of the applicants need to go through the detailed and thorough selections first. If those applicants are considered as good enough, they will be listed on the Scion database. This is a good thing to have because you do not need to worry about the filtering process. Scion has done all of those things for your firm. This way, you can get the executive staff that you need in the shortest time.

The last but not least is that Scion is able to help you with all of your personal needs. This one means that Scion will pay full attention to all of your special qualifications over the executive staff that you need. You only have to tell them the kind of executive position that is currently vacant. Tell them the qualifications that you want from the candidates. After that, Scion will give you the possible candidates that you can choose from. Is not that something that you need for your firm?

Business

Inside the $4.3B Quarter: What’s Fueling Black Banx’s Record Revenues

Published

21 hours ago

January 16, 2026

Matthew Wiles

Every quarter brings fresh headlines in fintech, but few make the kind of impact achieved by Black Banx in Q2 2025. The Toronto-based global digital banking group, founded by Michael Gastauer, reported an extraordinary USD 4.3 billion in revenue and a record USD 1.6 billion in pre-tax profit, while improving its cost-to-income ratio to 63%.

These results not only highlight the company’s operational efficiency but also mark a pivotal moment in its journey from challenger to global leader. The big question is: what’s fueling such impressive financial performance?

Customer Growth as the Core Driver

One of the clearest engines of revenue growth is Black Banx’s expanding customer base. By Q2 2025, the platform had reached 84 million clients worldwide, up from 69 million at the end of 2024. This 15 million net gain in six months demonstrates both the attractiveness of its services and the scalability of its model.

Unlike traditional banks, which rely heavily on branch expansion, Black Banx leverages digital-first onboarding that allows customers to open accounts within minutes using just a smartphone. This approach is especially effective in regions underserved by legacy institutions, where access to affordable financial tools is in high demand.

More customers don’t just mean higher transaction volumes—they generate a compounding effect where network size, brand trust, and service adoption reinforce one another.

Real-Time Payments and Cross-Border Solutions

A major contributor to Q2 revenues is the platform’s real-time payments infrastructure. Black Banx enables instant cross-border transfers across its 28 supported fiat currencies and multiple cryptocurrencies, helping both individuals and businesses bypass the traditional bottlenecks of international banking.

For freelancers, SMEs, and multinational clients, this means faster liquidity, reduced foreign exchange costs, and simplified global operations. The demand for real-time financial services is growing rapidly—Juniper Research projects global real-time payments turnover to hit USD 58 trillion by 2028—and Black Banx is strategically positioned to capture a significant share of this market.

Crypto Integration as a Revenue Stream

Another key revenue driver is crypto integration. While many traditional institutions remain hesitant, Black Banx embraced digital assets early and has built infrastructure to support Bitcoin, Ethereum, and the Lightning Network. In Q2 2025, 20% of all transactions on the platform were crypto-based, reflecting strong customer appetite for hybrid banking services that bridge fiat and digital assets.

Revenue comes not only from transaction fees but also from value-added services like crypto-to-fiat conversion, staking yields (4–12% APY), and blockchain-enabled payments. For customers in markets with unstable currencies, these services act as a financial lifeline, further expanding the platform’s relevance.

AI-Powered Efficiency and Risk Management

Record revenues would be less impressive if costs ballooned at the same rate. But Black Banx has proven adept at balancing growth with efficiency. Its cost-to-income ratio improved to 63% in Q2, down from 69% a year earlier, thanks to heavy reliance on AI-powered automation.

AI now drives fraud detection, compliance, and customer onboarding—areas where traditional banks often struggle with cost inefficiencies. By automating these processes, Black Banx can process millions of transactions securely while maintaining profitability at scale. This level of efficiency is rare in fintech, where high growth often comes at the expense of margins.

Regional Expansion and Untapped Markets

Geography also plays a role in fueling revenues. Much of the Q2 growth came from Africa, South Asia, and Latin America—regions where demand for mobile-first banking continues to soar. In 2024 alone, Black Banx reported a 32% increase in SME clients from the Middle East and Africa, signaling the strength of its positioning in underserved markets.

By extending services to populations previously excluded from formal banking—migrant workers, rural communities, and small businesses—Black Banx taps into vast pools of latent demand. The strategy proves that financial inclusion and profitability are not mutually exclusive but mutually reinforcing.

Diversified Revenue Streams

Another factor behind Q2’s record revenues is Black Banx’s diversified business model. Income is not tied to a single service but spread across multiple streams, including:

Transaction fees from cross-border transfers and payments.
Crypto trading and exchange services.
Premium account features for high-net-worth clients.
Corporate services for SMEs and international businesses.

This diversification insulates the company against volatility in any single segment, creating stable revenue growth even in shifting market conditions.

Michael Gastauer’s Strategic Blueprint

Behind these results is Michael Gastauer’s long-term strategy: scale aggressively but with efficiency, innovation, and inclusion at the core. His vision has always been to create a borderless financial ecosystem, and Q2 2025’s performance is evidence that this vision is not only achievable but sustainable.

By balancing mass-market accessibility with premium features, and by blending fiat with digital assets, Gastauer has positioned Black Banx as a category-defining player in global finance.

The Road Ahead: Toward 100 Million Clients

Looking forward, the company’s goal of reaching 100 million customers by the end of 2025 will likely be the next catalyst for revenue growth. More customers mean more transactions, more data insights, and more opportunities to refine and expand its service offering.

If current momentum holds, the USD 4.3 billion quarterly revenue milestone could be just the beginning of an even larger growth story. The challenge will be ensuring systems scale securely while maintaining trust in an environment where privacy and compliance are paramount.

A Record That Signals More to Come

Black Banx’s Q2 2025 performance—USD 4.3 billion in revenue, USD 1.6 billion in pre-tax profit, 84 million clients worldwide, and a lean 63% cost-to-income ratio—is more than a financial milestone. It is a signal of how the future of banking is being rewritten by platforms that are borderless, crypto-inclusive, and data-driven.

What fueled this record-breaking quarter is not one innovation but a combination of strategies—scalable onboarding, real-time payments, crypto integration, AI efficiency, and expansion into underserved regions. Together, they form a model that doesn’t just challenge traditional banking but actively builds the foundation for global dominance.

For Black Banx, the road ahead is clear: the $4.3 billion quarter is not an endpoint but a launchpad for even greater scale and profitability.