Business

The Rise Of One Of The Most Successful E-commerce Experts Kamil Sattar

Published

6 years ago

April 28, 2020

Mohammed Kamil Sattar, a British E-commerce entrepreneur known as “The Ecom King”, is touching a new height in the e-commerce sector. Kamil Sattar has spread his reach in different sectors and he is the founder & partner in more than 3 companies in different industries, such as luxury goods, digital marketing, dropshipping, and e-commerce.

This entrepreneur is the name behind the success of many big businesses with seven-figure earnings. In addition to establishing his own businesses, Kamil Sattar is also mentoring many emerging entrepreneurs in establishing their businesses. He is also one of the youngest members of the Forbes business council, which is in itself a great achievement.

Kamil aims to make his e-commerce mentoring company, E-Commerce Mentoring, the number one e-commerce mentoring company in the world. With his determination and hard work, he has achieved a big milestone in the entrepreneurial world and he is making continuous progress every day.

Born on 10th May 1999 in England, Kamil had faced many hardships because of his Pakistani family’s immigration to England. He didn’t develop any interest in school and he couldn’t achieve anything bigger during his graduation period as well. In addition to this, before embarking on an entrepreneurial journey, Kamil also worked at a retail store with a daily minimum wage.

But after realizing his inclination towards entrepreneurship, Kamil Sattar dived into the entrepreneurial world in 2015. Due to his passion for designer clothing, Kamil set up an Instagram page to promote products for buying and selling. In addition to this, he also sold high-end sneakers to footballers and celebrities through his Instagram page.

After deriving a lot of money from this business, Kamil launched his first Shopify drop-shipping business in 2017. He also generated money by selling cell phone accessories and created many businesses in different niches. All his businesses are doing pretty well. Kamil is now rising in the e-commerce sector and he is one of the most successful e-commerce experts in the world.

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.