Ben Lowley
๐ค SpeakerAppearances Over Time
Podcast Appearances
We have three tiers of pricing.
If it's a bank that just has like one branch,
or two branches, it's $1,250 a year.
$1,250?
That's correct.
And the next year up, it's for banks that are operating in usually around 10 to 15 markets and maybe around
a billion in assets, that's a $2,500 a year.
And then once you get above 3 billion in assets, it's 5,000 a year.
And what would you say your average is closer to 5,000 or 1250 per year?
Um, you know, this is a fairly new product, Nathan.
And, um, it's, it's been interesting.
Are we actually are averaging to have more large banks right now, but
We've got a significant number of small and medium-sized banks as well.
We currently have 11 banks using or about to use the platform, and it kind of covers the full range.
We launched this product about a year and a half ago, so we are still learning which types of banks have the greatest need, who's experiencing the most pain in CRAs.
We have raised capital.
Okay.
How much?
we've raised about 900,000 to date.
Um, and we started about six years ago.