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
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
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
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
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
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
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
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
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
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
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
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
Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Current, a U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product. Together, the two companies will… Read More
Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is proud to join forces with The Empty Stocking Fund (ESF) and Caden Teaches Finances in order “to support Atlanta educators and young learners.” Miriam L. Wallach, Head of Social Responsibility at Cross… Read More
Cross River Bank, a New Jersey State chartered FDIC-insured bank known for its diversified commercial real estate (CRE) lending program and deep market experience, announced the closing of the second quarter, “totaling over $66 million in loans year-to-date.” Additionally, the team reports that it “saw… Read More
Equabli Inc. has raised $3.35 million of additional capital in a funding round led by Social Leverage. Other investors include BankTech Ventures and Cross River Digital Ventures. Equabli is a debt recovery service for lenders and their borrowers. Equabli’s Recovery as a Service platform provides… Read More
Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More
Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced its strategic partnership with paymints.io, a Software-as-a-Service (SaaS) platform to for real estate payment transactions. This collaboration marks “a significant milestone in transforming the way stakeholders in real estate transactions handle and… Read More
Financial technology, or fintech, companies “integrate digital technology into financial services to build new markets and reach established ones in new ways,” the team at Cross River Bank explains. They drive digital transformation and competition in traditional financial services “by expanding the marketplace and creating… Read More
Gilles Gade, CEO at Cross River Bank, notes that they recently “closed the first quarter of the year strong and on target despite a turbulent macro environment.” It’s worth noting that Cross River Bank, a top Fintech enabler, is a target of a Federal Deposit Insurance… Read More
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