Business

From Barrel Rolls to Flipping Houses: Bill Allen Shares His 7-Figure Secrets

Published

5 years ago

October 14, 2020

When was the last time you felt in control of defining your journey? One of the biggest lessons we’ve learned this past year is that nothing is guaranteed. Still, even in unpredictable times, preparation is the key to overcoming challenges and becoming the hero of your journey.

For Bill Allen, CEO of 7-Figure Flipping, his journey began when he received his ROTC scholarship for the Navy. He traded in his soccer uniform for a military one. There are two vital consistent elements to life in the military that have been transformative for him: The unpredictability of where he’d be headed to next and being surrounded by a community no matter where he went.

If there’s one thing Bill Allen knows, it’s consistently turning uncertainty into opportunity. An entrepreneur at heart, he used the frequent moves during his military service to carve out a new path in real estate.

At first, Bill bought and rented a few houses, mainly in Pensacola, Florida. It took him ten properties to decide that he needed to change his investment strategy. In 2014, Allen sold one of his properties to make a serious profit. That is when he decided to add flipping houses to his real estate investing portfolio. It was around that time that he came upon a community of experienced investors that offered mentorship, business advice, and networking opportunities.

“It’s important to surround yourself with the right people who know and do more than you do. I don’t want to be the person in the room who knows the most,” says Bill.

For Bill, it’s essential to be around those who will not only motivate you but push you to challenge yourself to reach the next level, and he’s no stranger to pushing beyond the limits. When it comes to success in every aspect of his life, determination and preparation have been constant.

However, preparation can only take you so far if you are not ready to act.

He did not wait until he was “fully prepared” to leap into his real estate career. Bill remained in the Navy full-time while he jumped into a new venture because acting was the best way to stay ready while building flexibility into his regimented life. That flexibility has helped him navigate life’s uncertainties, from military moves to his son James’s heart surgeries, to an unprecedented pandemic sweeping the globe.

No amount of preparation can prepare a parent to deal with their child having to have multiple heart surgeries within the first few years of his life. For Bill Allen, although community has always been important in life and business, his son’s surgeries were pivotal in making one thing clear:

Surrounding yourself with the right community can make all the difference in the world when overcoming the highs and lows during your journey.

Community as strength

Those who come to Bill for advice on real estate investing know that they can expect to receive practical strategies rooted in real experiences by someone who’s whole-heartedly invested in his community. Bill doesn’t shy away from sharing with his community the struggles and vulnerabilities he faced in his personal life. For him, what started as another business venture grew into a supportive community where he continues to pay it forward by sharing his system to others learning how to be the hero of their journey.

That’s why Bill is excited to bring this year’s Flip Hacking Live, the flagship 3-day event for house flippers and wholesalers, right into his community’s homes. It was the 7-Figure Flipping mastermind group that changed his mindset and approach to life and business, leading him to create a successful real estate company. Blackjack Real Estate ranked #206 on the INC 500 awards of America’s fastest-growing private companies and #6 in real estate, with a whopping three-year revenue growth of 2,081%. Bill has always been devoted to sharing his knowledge with others. He decided to turn the uncertainty of this year into an opportunity to create a brand-new experience.

This is more than just another virtual event. It’s a community coming together in a safe environment where they will be with others who have similar vulnerabilities and fears, working on building a successful business in uncertain times. There is no fluff in the 7-Figure Flipping mastermind group. It’s real people sharing real advice in a supportive environment, helping you overcome your struggles.

Why learn about house flipping now? Because when genuine opportunities come, you can join the wave of people learning them, or you can already be in a position to succeed. Flip Hacking Live will help ensure that you’re part of the latter group.

So, are you ready to give yourself permission to succeed at the next level, learning Bill’s house flipping secrets from the comfort of your own home? You can register today and use the promo code FLIP5 to get exclusive bonus recordings from previous events. For more information, or to claim a ticket now, visit: https://fliphackinglive.com/virtual2020.

Business

Inside the $4.3B Quarter: What’s Fueling Black Banx’s Record Revenues

Published

7 hours ago

January 16, 2026

Matthew Wiles

Every quarter brings fresh headlines in fintech, but few make the kind of impact achieved by Black Banx in Q2 2025. The Toronto-based global digital banking group, founded by Michael Gastauer, reported an extraordinary USD 4.3 billion in revenue and a record USD 1.6 billion in pre-tax profit, while improving its cost-to-income ratio to 63%.

These results not only highlight the company’s operational efficiency but also mark a pivotal moment in its journey from challenger to global leader. The big question is: what’s fueling such impressive financial performance?

Customer Growth as the Core Driver

One of the clearest engines of revenue growth is Black Banx’s expanding customer base. By Q2 2025, the platform had reached 84 million clients worldwide, up from 69 million at the end of 2024. This 15 million net gain in six months demonstrates both the attractiveness of its services and the scalability of its model.

Unlike traditional banks, which rely heavily on branch expansion, Black Banx leverages digital-first onboarding that allows customers to open accounts within minutes using just a smartphone. This approach is especially effective in regions underserved by legacy institutions, where access to affordable financial tools is in high demand.

More customers don’t just mean higher transaction volumes—they generate a compounding effect where network size, brand trust, and service adoption reinforce one another.

Real-Time Payments and Cross-Border Solutions

A major contributor to Q2 revenues is the platform’s real-time payments infrastructure. Black Banx enables instant cross-border transfers across its 28 supported fiat currencies and multiple cryptocurrencies, helping both individuals and businesses bypass the traditional bottlenecks of international banking.

For freelancers, SMEs, and multinational clients, this means faster liquidity, reduced foreign exchange costs, and simplified global operations. The demand for real-time financial services is growing rapidly—Juniper Research projects global real-time payments turnover to hit USD 58 trillion by 2028—and Black Banx is strategically positioned to capture a significant share of this market.

Crypto Integration as a Revenue Stream

Another key revenue driver is crypto integration. While many traditional institutions remain hesitant, Black Banx embraced digital assets early and has built infrastructure to support Bitcoin, Ethereum, and the Lightning Network. In Q2 2025, 20% of all transactions on the platform were crypto-based, reflecting strong customer appetite for hybrid banking services that bridge fiat and digital assets.

Revenue comes not only from transaction fees but also from value-added services like crypto-to-fiat conversion, staking yields (4–12% APY), and blockchain-enabled payments. For customers in markets with unstable currencies, these services act as a financial lifeline, further expanding the platform’s relevance.

AI-Powered Efficiency and Risk Management

Record revenues would be less impressive if costs ballooned at the same rate. But Black Banx has proven adept at balancing growth with efficiency. Its cost-to-income ratio improved to 63% in Q2, down from 69% a year earlier, thanks to heavy reliance on AI-powered automation.

AI now drives fraud detection, compliance, and customer onboarding—areas where traditional banks often struggle with cost inefficiencies. By automating these processes, Black Banx can process millions of transactions securely while maintaining profitability at scale. This level of efficiency is rare in fintech, where high growth often comes at the expense of margins.

Regional Expansion and Untapped Markets

Geography also plays a role in fueling revenues. Much of the Q2 growth came from Africa, South Asia, and Latin America—regions where demand for mobile-first banking continues to soar. In 2024 alone, Black Banx reported a 32% increase in SME clients from the Middle East and Africa, signaling the strength of its positioning in underserved markets.

By extending services to populations previously excluded from formal banking—migrant workers, rural communities, and small businesses—Black Banx taps into vast pools of latent demand. The strategy proves that financial inclusion and profitability are not mutually exclusive but mutually reinforcing.

Diversified Revenue Streams

Another factor behind Q2’s record revenues is Black Banx’s diversified business model. Income is not tied to a single service but spread across multiple streams, including:

Transaction fees from cross-border transfers and payments.
Crypto trading and exchange services.
Premium account features for high-net-worth clients.
Corporate services for SMEs and international businesses.

This diversification insulates the company against volatility in any single segment, creating stable revenue growth even in shifting market conditions.

Michael Gastauer’s Strategic Blueprint

Behind these results is Michael Gastauer’s long-term strategy: scale aggressively but with efficiency, innovation, and inclusion at the core. His vision has always been to create a borderless financial ecosystem, and Q2 2025’s performance is evidence that this vision is not only achievable but sustainable.

By balancing mass-market accessibility with premium features, and by blending fiat with digital assets, Gastauer has positioned Black Banx as a category-defining player in global finance.

The Road Ahead: Toward 100 Million Clients

Looking forward, the company’s goal of reaching 100 million customers by the end of 2025 will likely be the next catalyst for revenue growth. More customers mean more transactions, more data insights, and more opportunities to refine and expand its service offering.

If current momentum holds, the USD 4.3 billion quarterly revenue milestone could be just the beginning of an even larger growth story. The challenge will be ensuring systems scale securely while maintaining trust in an environment where privacy and compliance are paramount.

A Record That Signals More to Come

Black Banx’s Q2 2025 performance—USD 4.3 billion in revenue, USD 1.6 billion in pre-tax profit, 84 million clients worldwide, and a lean 63% cost-to-income ratio—is more than a financial milestone. It is a signal of how the future of banking is being rewritten by platforms that are borderless, crypto-inclusive, and data-driven.

What fueled this record-breaking quarter is not one innovation but a combination of strategies—scalable onboarding, real-time payments, crypto integration, AI efficiency, and expansion into underserved regions. Together, they form a model that doesn’t just challenge traditional banking but actively builds the foundation for global dominance.

For Black Banx, the road ahead is clear: the $4.3 billion quarter is not an endpoint but a launchpad for even greater scale and profitability.