Tagged: cross river

Cross River Bank Claims They’ve Closed Q1 2023 in Strong Way, On Target Despite Current Issues

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

Embedded Financial Solutions Fintech Cross River Shares Corporate Social Responsibility Impact Report

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, released its inaugural Corporate Social Responsibility Impact Report, celebrating the compassionate efforts of its Community Affairs team, its philanthropic arm, Foundation@ Cross River, and its employees over the last year. With a focus… Read More

Cross River, FinClusive to Strengthen Fintech Ecosystem, Increase Access to Financial Services

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with FinClusive, a global Compliance-as-a-Service (CaaS) infrastructure provider for financial services, “to provide account and payment services to advance secure and compliant access to the financially underserved.” Gilles Gade,… Read More

Embedded Financial Solutions Provider Cross River, Pay.com to Create Payments Platform for Businesses

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced a new partnership with U.K. based Pay.com. This partnership will “enhance and expand Pay.com’s automated payment platform into the U.S. and drive additional growth opportunities.” Gilles Gade, Founder, President and CEO of… Read More

Open Banking: Payments Fintech Trustly Teams Up with PointsBet

Trustly, the global firm focused on Open Banking Payments, partners with PointsBet, an  online gaming operator, “to offer its players Instant Payouts in the United States, powered by Cross River.” In partnership with Cross River Bank, a financial services and technology infrastructure provider that offers… Read More

Ibanera Announces Partnership with Cross River to Enhance Payments Capabilities

Ibanera, a global banking and payments company, announced the launch of its new partnership with Cross River, a technology infrastructure provider that offers embedded financial solutions, “to power Ibanera’s digital banking platform and payments capabilities with its API driven platform and proprietary banking core.” Michael… Read More

Embedded Finance Solution Provider Cross River Expands Card Issuing with Amex

Cross River Bank, an infrastructure provider that offers embedded financial solutions,  announced a new collaboration with American Express that “allows Cross River to issue credit cards on behalf of fintechs on the American Express network.” Gilles Gade, Founder, President and CEO of Cross River, said:… Read More

Deserve Acquires $250M Credit Facility from Goldman Sachs, Cross River, Waterfall Asset Management

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

Cross River Teams Up with Fintech Revolut to Offer Affordable Access to Credit

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

Cross River Closes $620M Funding Round

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

Cross River Expands Its Crypto Services, Will Work with Chainalysis to Ensure Compliance

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

Cross River Partners with PayTile to Provide Location-Based Payments Platform

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

PeerStreet Makes Best Fintech Workplaces List

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

Leading Fintech Cross River Bank Acquires PeerIQ

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

Cross River Announces Partnership With SeedFi For Financial Products & $50 Million Debt Financing

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

Cross River Set to Participate in Next Round of Paycheck Protection Program

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

Cross River Completes $106 Million Subordinated Debt Offering

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

F1 Payment, Cross River, & RS2 Software Join Forces to Offer Payment Processing Services

  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

Cross River Approves More Than $4.7 Billion in Loans to Small Businesses Across the U.S. Through Both Rounds of the Paycheck Protection Program

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

Cross River Provides Series of Initiatives to Protect & Mitigate the Impact of the Coronavirus Outbreak on Customers, Employees & Community

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

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