BanxQuote was established in 1984. Current and past clients of the firm include most of the nation's leading financial institutions. BanxQuote.com provides comparison shopping and daily market rates on deposits and loans from financial institutions in all fifty states and Washington, DC, with state-by-state, regional, and national composite benchmarks. BanxQuote also licenses its proprietary data and financial applications to third parties.

During the past two decades, BanxQuote has been featured by leading news media, including Dow Jones, The Wall Street Journal, Reuters, Bloomberg, Knight-Ridder, The New York Times, CBS, Business Week, Fortune, Forbes, American Banker, Advance Publications, and many others.