Cohen says T-Rex enterprise bank CAC approaches high tens of thousands
Benjamin Cohen · 650: TREX FinTech $15M Raised, Breaks Down Securitized Loans From Renewable Energy Orginators So Investors Can Buy with CEO Benjamin Cohen · May 5, 2017 · at 16:20
Benjamin Cohen, CEO and founder of fintech platform T-Rex, discusses sales cycles and acquisition costs for tier-one banking clients like JPMorgan and Citibank.
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“And then you have very large customers that you know, major investment banks JP Morgan city bank, for example, that could take a year to convert. And so, you know, the all in CAC there can approach high tens of thousands.”
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