Tagged: cross river

October 20, 2026 @ 2:51 pm By JD Alois  |  

Cross River has announced an agreement to acquire Accrue, a Fintech company that offers a branded wallet that supports rewards and loyalty programs. The acquisition is described as another milestone in Cross River’s efforts to grow its embedded finance offerings. Terms of the deal were… Read More

October 13, 2026 @ 1:43 pm By JD Alois  |  

Cross River is planning for the future, having announced the appointment of a new President, effective October 1, 2026. According to a release, former Lazard Asset Management CEO Evan L. Russo, a current Cross River board member (since April), has stepped into the role and… Read More

July 27, 2026 @ 3:26 pm By JD Alois  |  

Cross River Bank will power X Money, part of the Elon Musk social media platform X. X has long held Fintech ambitions, aiming to become an “everything App.” X has emerged as the world’s community forum, offering global news and perspectives unfettered by opinion, where… Read More

June 5, 2026 @ 6:14 pm By Omar Faridi  |  

Cross River Bank has expanded its support for cryptocurrency-backed financing. The New Jersey-based tech-driven financial infrastructure provider announced a forward-flow agreement to purchase up to $250 million in loans originated through Figure Technology Solutions’ (Nasdaq: FIGR) crypto collateral program. This partnership now equips Figure, a… Read More

March 31, 2026 @ 4:07 pm By JD Alois  |  

Cross River has received $50 million in new equity capital from existing investors. While the funding terms were not disclosed by the Fintech, it has been reported that Cross River was valued at $3 billion. Cross River reported that certain existing Cross River investors, accounts… Read More

December 4, 2025 @ 7:29 am By Omar Faridi  |  

Aeropay, a U.S. pay-by-bank provider, announced the launch of Request for Payment (RfP) in partnership with Cross River Bank, a tech infrastructure provider that offers embedded financial solutions. This offering expands on the two companies’ current instant payment offerings and “enables U.S. businesses to accept… Read More

November 25, 2025 @ 2:27 pm By Omar Faridi  |  

Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, announced the launch of its offering to power stablecoin payments. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system–enabling firms to move… Read More

March 22, 2025 @ 5:26 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Forward, a technology partner empowering Software-as-a-Service (SaaS) companies to integrate and monetize payments, are addressing some of the core payment challenges currently inhibiting the growth of SaaS providers through embedded payment offerings…. Read More

January 26, 2025 @ 6:49 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced the launch of its automated sweep feature using the IntraFi Cash Service. The capability will enable Cross River’s Banking-as-a-Service (BaaS) clients to access millions in aggregate FDIC insurance coverage “across network banks… Read More

November 5, 2024 @ 2:10 pm By JD Alois  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank says that its Commercial Banking Group (CBG) has closed more than $1 billion in financing over the past 12 months. Cross River reports that funding has been spread across 65 loans nationwide, the deals ranged… Read More

October 27, 2024 @ 11:45 pm By Omar Faridi  |  

Cross River Bank has recently released an extensive statement on the proposed requirements for custodial deposit accounts. Gilles Gade, Founder and CEO at Cross River Bank, stated that during this past year, the collapse of Synapse triggered a fallout with their FDIC Insured banking partner,… Read More

July 26, 2024 @ 11:46 am By Omar Faridi  |  

Cross River Bank, a provider of technology infrastructure and embedded financial solutions, is marking its 16th year of doing business since its founding in June of 2008. Coming out of the 2008 financial crisis, Cross River claims that it “has been at the forefront of… Read More

March 14, 2024 @ 11:31 am By JD Alois  |  

Payments platform VoPay, based in Canada, has partnered with Cross River Bank as part of an initiative to expand into the United States. VoPay says the collaboration aligns with its ambition to broaden its service offerings. Cross River is a regulated bank that provides infrastructure… Read More

February 26, 2024 @ 12:40 pm By JD Alois  |  

Cross River says it has launched its “investment banking strategy,” describing the initiative as a significant milestone in the company’s history. The company said it will now assist its clients in achieving their goals by advising them on decisions like mergers and acquisitions, capital markets… Read More

February 14, 2024 @ 6:32 pm By Omar Faridi  |  

On the cusp of Sunday’s “Big Game” and the upcoming college basketball playoff season, players in the gaming industry can now receive their winnings instantly, thanks to a partnership between Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Aeropay, a… Read More

February 6, 2024 @ 8:37 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced that its Principal Finance Group closed $825 million of capital commitments in 2023. The new investments, which “include senior secured credit facilities as well as programmatic asset purchase arrangements, provide specialty finance… Read More

January 15, 2024 @ 7:01 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and paymints.io, a cloud-based financial operating system for digital payments that allows title insurance companies and real estate brokerages to send and receive digital payments in and out of escrow accounts, announced the… Read More

December 8, 2023 @ 9:38 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Best Egg, Inc., a fintech that provides flexible solutions to help people with limited savings confidently navigate their everyday financial lives, have announced a $150 million credit facility, which will allow the… Read More

November 16, 2023 @ 7:24 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is proud to celebrate National Scholarship Month by announcing its significant 2023 contributions to various educational organizations and scholarship programs. Through its philanthropic arm, Foundation@, Cross River has donated “a total of $740,000… Read More

September 29, 2023 @ 10:42 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is pleased to share mid-year results from its partnership with Operation Hope: HOPE Inside Cross River, which “provides financial literacy education and financial planning to empower local small business owners and individuals on… Read More