Black Banx: A helping hand to Archives - Tech InShorts https://techinshorts.com/tag/black-banx-a-helping-hand-to/ A scoop of Technology Mon, 13 Nov 2023 12:39:30 +0000 en-GB hourly 1 https://wordpress.org/?v=6.1.1 https://techinshorts.com/wp-content/uploads/2020/07/cropped-techinshorts-32x32.jpg Black Banx: A helping hand to Archives - Tech InShorts https://techinshorts.com/tag/black-banx-a-helping-hand-to/ 32 32 Black Banx: A helping hand to users wanting to take control of their money https://techinshorts.com/black-banx-a-helping-hand-to-users-wanting-to-take-control-of-their-money/ Mon, 13 Nov 2023 12:39:29 +0000 https://techinshorts.com/?p=14947 Banking customers have frequently felt overwhelmed by the traditional financial sector, burdened by unseen costs,

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Banking customers have frequently felt overwhelmed by the traditional financial sector, burdened by unseen costs, and deprived of the easy-to-use services they deserve. But Black Banx is a helping hand.

In its most recent growth report, the company had 33 million retail users and US$ 1.5 billion in revenue in the first nine months of 2023; this converted into a USD 158 million profit before taxes. 

Founded by German billionaire Michael Gastauer, Black Banx presents a new way for these users to grow, manage, and safeguard their money. Black Banx’s idea was to transform how people dealt with their finances entirely. Gastauer officially launched the digital bank in 2015 to 200,000 customers.

Black Banx offers quick international account opening and real-time financial transfers in various currencies, including cryptocurrencies.

Seeing the persistent flaws in traditional banking and the growing needs of users across the globe, Gastauer expanded Black Banx in under a decade to become a global network of financial institutions that serves millions of clients across 180 countries. 

At the end of 2018, Black Banx became one of Europe’s most valuable fintech companies and had a $9.8 billion valuation. Black Banx generated USD 1.5 billion in revenue in the first nine months of 2023.

Effective financial management is the first step towards taking financial control. Various features and tools are available on Black Banx to assist users in staying on top of their economic game.

Streamlined account opening: Say goodbye to the challenging account setup process. Black Banx offers a straightforward sign-up process that only demands a photo ID to ensure consumers aren’t turned away according to documents, income, or region.

Online banking: Customers can manage their accounts whenever convenient using Black Banx’s round-the-clock online banking services. With this ease, consumers can take charge of their funds whenever they choose and are no longer bound by typical banking hours.

Competitive cost structure: Black Banx ensures you receive the best return on your investment by providing you with an affordable banking choice. Users across the globe can open interest-bearing savings accounts in several major currencies.

Enhanced security and fraud prevention: Black Banx is committed to protecting your data and assets by enforcing strict security guidelines. Advanced fraud prevention strategies protect your money from theft.

Advanced cryptocurrency offerings: In addition to BTC (Bitcoin) and ETH (Ethereum), users can now select USDT. Other choices are available to Black Banx users who desire quick BTC transactions and quick USDT payments, like Tron/TRC20, Solana, and Lightning Network.

Worldwide accessibility: Black Banx acknowledges that its customer base is not limited to a particular region. As a result, it is made to be accessible from anywhere in the globe, which makes it the perfect option for expats, foreign visitors, and people with financial interests that span international borders. 

Selecting Black Banx as your financial partner gives you the keys to financial independence and freedom, reinforced by transparent rates and the autonomy to make well-informed decisions. 

In personal finance, controlling your financial future is just as important as having money. You make a massive step towards that empowerment when you use Black Banx.

Black Banx is your reliable partner on this journey, whether you’re making investments for financial growth, setting aside money for the future, or just keeping tabs on your daily spending.

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