Who is Michael Gastauer?

Globally ranked among the 100 most Influential People in FinTech, Michael Gastauer is the Creator & CEO of Black Banx Group.

Black banx is a Financial Institution headquartered in Toronto, Canada with offices in both Europe, Asia, North and Latin America. Black Banx Group is rated among the fastest growing businesses, attaining a US$ 9.8 Billion evaluation in under four decades.

He is an advocate of the FinTech revolution and entitled as 100 most influential people. He has been recognized by several magazines like Forbes Russia, Forbes Mexico, Huffington Post, WSJ. Gastauer was one of the first in Europe, that created an online payment system to offer global card acceptance and payment processing solutions for the eCommerce industry.

Gastauer  is originally from Germany who had  established his first company, a Swiss Asset Management company by age 24. In less than 3 years that the company acquired over CHF 1 Billion AUM, and has been marketed for CHF 16M into some Swiss Investment company.

 As among the earliest in Europe, Michael Gastauer established an internet payment method to provide global card approval and payment processing options for the eCommerce market. Gastauer led the company to constant growth and profitability, attaining a US$480M evaluation, before it had been marketed in 2008.

After selling his next company, Michael Gastauer based Gastauer Family Office (GFO), one family office using US$10 Billion resources under control. Michael Gastauer is the Chairman and Founder of Gastauer Foundation, a non profit company offering financial addition to decrease the issue of 2.2 Billion individuals without the access to financial services.