News Archive 2023

TORONTO, CANADA, October 4, 2023: Black Banx Group announced its third quarter results covering the first nine months of 2023. Besides having surpassed 33 million retail customers, the Group is currently onboarding more than 1.8 million new users per month. The strategic target for 2023 initially indicated to reach 30 million clients by end of 2023, having outperformed this goal in late September, the Group has now adjusted its plans and set the new forecast to 38 million clients by end of this year. The number of SME clients increased by 21% overall and 32% in the MEA region. Black Banx considers the increase in business clients as a positive growth indicator, validating that Black Banx’s business offerings are extremely beneficial for business clients in the Middle East and Africa.

TORONTO JULY 7, 2023: Today, Black Banx Group announced its semi-annual results covering the first six months of 2023. Besides having surpassed 28 million customers, the group is currently onboarding more than 1.3 million new users per month. With a 33% increased onboarding rate compared to end of 2022, Black Banx demonstrates its ability to continue an already rapid expansion into new territories.