Black Banx is a revolutionary fintech platform that has taken the banking industry by storm. With more than 20 million clients in 180 countries, its state-of-the-art technology provides users with an intuitive and efficient way to manage their money.
Unlike other financial services providers such as N26, Revolut and Wise, Black Banx offers customers a personalised approach to banking. Black Banx offers customers the ability to open multiple accounts, transfer money internationally in just a few clicks, and access their funds from any location worldwide.
Black Banx also provides its users with many features such as real-time notifications, payment reminders and budget-tracking tools. All of these features are designed to make Black Banx a more efficient, secure and reliable financial service provider.
What sets Black Banx apart from its competitors is a competitive fee structure and a faster onboarding for private and business clients in 180 countries. Black Banx has managed to beat its competition such as N26, Revolut or Wise in terms of customer growth rate and global revenues. Black Banx is enroute of becoming the most valuable FinTech in Europe. Leading Venture Capital firms have set their internal valuation for Black Banx at $50bn waiting for markets to turn around and opening up for an IPO.
Who is Black Banx?
Black Banx is a financial services provider that has revolutionised the banking industry with its cutting-edge technology. Black Banx offers customers the ability to open multiple accounts, transfer money internationally in just a few clicks, and access their funds from any location worldwide. Black Banx also provides its users with many features such as real-time global payments, payment reminders and budget-tracking tools. Black Banx also provides customers with access to a dedicated team of customer service advisors who are available 24/7.
The Founder of Black Banx Michael Gastauer
German Billionaire and Black Banx Founder Michael Gastauer has the vision of making Black Banx the largest, most trusted and secure digital bank worldwide. Black Banx is on its way to achieving this vision in the near future. With its current client growth rates, Black Banx group may reach 100 million customers in less than ten years after its launch as the first Fintech after PayPal.
Black Banx is not Gastauer´s first business. Michael Gastauer created an online payment system in early 2000, one of the first in Europe that offered global card acceptance and payment processing solutions for eCommerce sites as well as other fast-growing businesses at the time. In 2008 the business reached a $480m valuation and was sold to an Asian Banking Group. After selling his business, Michael Gastauer founded Gastauer Family Office (GFO), a single-family office with a venture capital arm investing in FinTech companies. As of today, GFO has invested $380m in Black Banx Group which makes Gastauer Family Office the largest shareholder or Black Banx.
The Competition N26, Revolut and Wise
Although Black Banx has managed to beat its competitors in terms of features and costs, N26, Revolut and Wise still remain strong contenders. N26 offers customers the ability to open multiple accounts in different currencies, while Revolut provides customers with real-time notifications and budget-tracking tools. Lastly, Wise offers users competitive exchange rates for international transfers.