Online question and answer platform cbanc Network announced major growth figures earlier this week:
- In 2011, it grew seven-fold from 500 to over 3,600 financial institutions
- Current count of individual users exceeds 7,710
The president of cbanc, Myers Dupuy, attributes much of this increase to Google searches. When Googling answers to certain pain points, many financial institutions were enticed by the user-generated answers found in cbanc’s platform.
This year the startup plans to add pro and premium levels to its membership options.
To learn more about cbanc Network, watch its FinovateFall 2011 demo.