Tagged: cross river

May 15, 2022 @ 6:37 pm By Omar Faridi  |  

Deserve, the venture-backed Fintech firm expanding and powering the real-time credit card economy, recently announced a $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve’s digital-first, mobile-centric, and “highly configurable” credit card platform, the company will “use this new… Read More

April 17, 2022 @ 10:01 am By Omar Faridi  |  

Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, recently announced that it has teamed up with Revolut, an international financial superapp with more than 18 million customers worldwide, “to build and scale Revolut’s business in the U.S. leveraging Cross River’s technology… Read More

March 30, 2022 @ 9:48 pm By Tony Zerucha  |  

CRB Group, the parent company of Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced a $620 million financing. The round was led by Eldridge and Andreessen Horowitz, with participation from funds and accounts advised by T. Rowe Price Investment… Read More

March 24, 2022 @ 9:43 pm By Omar Faridi  |  

Chainalysis, the blockchain data platform, has announced a partnership with Cross River, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions. Cross River is well-known for offering financial services to the Fintech and crypto sectors and will utilize Chainalysis tools “to… Read More

February 5, 2022 @ 12:32 pm By Omar Faridi  |  

Cross River Bank, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions, recently announced that it will be powering PayTile, a Fintech firm that provides location-based payments via their app. PayTile is reportedly one of the first ever peer-to-peer (P2P) payment… Read More

August 13, 2021 @ 3:19 pm By Tony Zerucha  |  

Real estate investing platform PeerStreet has another award for their trophy case. The company was named one of the 2021 Best Places to Work in Financial Technology. The honour was voted on by staff who received an anonymous survey sent directly to them by Best… Read More

June 23, 2021 @ 12:07 pm By JD Alois  |  

Cross River Bank has acquired PeerIQ, the leading data and analytics provider for the online lending industry. According to a release, Synthetic P2P Holdings Corporation (dba PeerIQ) was acquired during Q1 of 2021 for an undisclosed amount. Cross River Bank has emerged as the top… Read More

April 14, 2021 @ 11:44 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Wednesday it has joined forces with financial health startup SeedFi. Cross River reported it will be powering SeedFi’s new Credit Builder and Borrow & Grow plans through its… Read More

January 8, 2021 @ 11:23 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced earlier this week t will be participating in the next round (Round B) of the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP).  In the initial round of… Read More

August 24, 2020 @ 11:35 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, recently announced the closing of its $106 million private placement of subordinated notes. According to Cross River, the Notes have a maturity date of September 1, 2030, and carry a… Read More

June 16, 2020 @ 11:09 am By Samantha Hurst  |  

  F1 Payments, Cross River Bank, and RS2 Software announced on Tuesday they have joined forces to deliver payment processing services throughout North America. Through the collaboration, F1 Payments will utilize RS2’s global processing platform and Cross River’s sponsorship service to process payments for physical and virtual… Read More

June 9, 2020 @ 4:02 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has approved more than $4.7 billion in loans to small businesses across the U.S. through both rounds of the Small Business Administration’s (SBA) Paycheck Protection Program… Read More

March 19, 2020 @ 4:37 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Wednesday it is now offering a series of initiatives to protect and mitigate the impact of the coronavirus outbreak to customers, employees, and the community. The banking group… Read More

September 19, 2019 @ 9:29 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Thursday it has plans to enhance its real-time payments capabilities for its partners through its application to join the RTP network developed by The Clearing House (TCH). Cross… Read More

June 24, 2019 @ 10:22 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Monday it has acquired Seed, an online small business banking technology platform. Through the acquisition, a new platform will build on Cross River’s growing suite of innovative Banking-as-a-Service (BaaS)… Read More

April 29, 2019 @ 1:55 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Monday it has teamed up with RS2 to offer a new digital banking experience. Through the collaboration, Cross River and RS2 will provide merchants with a global payment… Read More

January 29, 2019 @ 12:59 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has formed a new partnership with Railsbank Technology Limited, a UK-based open banking and RegTech technology services platform, to provide Railsbank a variety of API-powered, banking and… Read More

January 9, 2019 @ 7:01 am By Erin Hobey  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, has partnered with Stripe to help those in the marketplace economy by giving them real-time access to earnings using push-to-card payments. The API-first, integrated platform aims to improve the way independent… Read More

December 6, 2018 @ 8:00 am By Samantha Hurst  |  

U.S. fintech Cross River announced on Thursday it secured $100 million through its latest funding round, which was led by KKR, with participation from CreditEase and Lion Tree Partners, Battery Ventures, Andreessen Horowitz and Ribbit Capital. Founded in 2008, Cross River stated it combines innovative technologies with… Read More