AppBank Takes Coveted Number 4 Spot as a Top Facebook Developer

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San Francisco Facebook Developer AppBank climbs up AppData Leaderboard after Holiday Season

AppBank, a local start-up company based out of downtown San Francisco, has reached number 4 on AppData’s Developer Leaderboard (, surpassing such competitors as Electronic Arts, 6 Waves, and Playdom. AppBank, the only company with a presence on Facebook that pays its creators a portion of the ad revenue earned from their applications, reached remarkable highs this holiday season with over 20 million virtual gifts sent per day and close to 3 million daily active users. "We ended 2010 with a big bang, paying out six-figures in earnings to our application creators”, said CEO and Co-Founder Kai Sung. “We're in great shape to grow even bigger in 2011 by introducing new application templates and strategic partnerships." With its user-base growing by 7,000 app creators every day and such popular holidays as New Years, Valentine’s Day, and Easter around the corner, AppBank doesn’t plan on slowing down any time soon.

About AppBank:
Launched in Fall of 2009, AppBank has grown organically on Facebook to over 30 million MAU. Featured in the New York Times, Wall Street Journal, PC World, and more for its innovative approach to making social money (see, AppBank offers a free social entertainment platform that makes it easy for anyone to make money by creating fun, engaging, and viral Facebook applications. By pairing relevant ads with quality crowdsourced entertainment applications, AppBank is able to share ad revenues with Facebook application creators, while providing advertisers with targeted, performance-driven ad solutions. AppBank’s broad user-base includes all types of people imaginable from stay-at-home moms to international users from all corners of the globe and AppBank’s obliged that they can offer a way for users to make money while having fun on Facebook.

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Megan Carr
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