Black Banx experienced remarkable financial success in 2024, posting a pre-tax profit of US$3.6 billion and growing its customer base to 69 million. The company's continuous investment in artificial intelligence has streamlined operations, contributing to an impressive cost/income ratio of 68%. CEO Michael Gastauer noted that the firm exceeded its ambitious forecasts and remains committed to innovation and delivering value to shareholders. With strategic growth plans aiming for 100 million customers by 2025, Black Banx is setting the pace in digital banking.
2024 was a landmark year for Black Banx, achieving a pre-tax profit of US$3.6 billion and expanding its customer base to 69 million, with plans for 100 million by 2025.
CEO Michael Gastauer highlighted that strategic investments in artificial intelligence have streamlined operations and improved customer experiences, enhancing Black Banx's market leadership.
#digital-banking #financial-technology #artificial-intelligence #black-banx #2024-financial-performance
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