Cross River Bank - News, Articles & Research

Company announcement/startups

Cross River launches fintech investment banking franchise

CRB Group, Inc. the parent company of Cross River Bank and CRB Securities, LLC (“CRBS”), today announced the launch of an Investment Banking strategy, marking a significant milestone in the Company’s growth trajectory and doubling down on its commitment to serving the fintech community.

27 February 2024

Company announcement/retail

Current creates credit building card with Cross River

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Current, a premier 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.

24 August 2023

Company announcement/payments

Cross River to support Plaid real-time payments

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the expansion of its partnership with Plaid, a data network powering the digital financial ecosystem, to deliver multi-rail payment solutions to U.S. businesses and their customers.

27 July 2023

Company announcement/payments

Ibanera enlists Cross River to power payment capabilities

Ibanera, a global banking and payments company, today 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.

14 December 2022

News/wholesale

Fintechs savaged over Covid loan fraud

A US select committee investigating fraud in the country's pandemic relief programme has savaged fintech companies for "recklessly" handing out loans to dubious applicants.

02 December 2022

Company announcement/payments

Cross River extends embedded banking capabilities to Amex network

Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced a new collaboration with American Express that allows Cross River to issue credit cards on behalf of fintechs on the American Express network.

24 October 2022

Company announcement/retail

Revolut taps Cross River to build US biz

Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that it has partnered with Revolut, a global financial superapp with over 18 million customers worldwide, to build and scale Revolut’s business in the U.S. leveraging Cross River’s technology and regulatory infrastructure.

14 April 2022

News/retail

Cross River scores $620m funding round

Cross River, a US provider of core infrastructure and embedded technology to fintech and crypto companies, has raised $620 million in a round co-led by Eldridge and Andreessen Horowitz.

30 March 2022

News/regulation

Cross River expands crypto services with Chainalysis

Cross River, a US provider of core infrastructure and embedded financial technology to fintech companies, has teamed up with blockchain data platform Chainalysis to expand its crypto services.

24 March 2022

Company announcement/payments

GreenBox POS moves into banking-as-a-service arena with Cross River tie up

GreenBox POS (NASDAQ: GBOX) ("GreenBox" or the "Company"), an emerging and rapidly growing FinTech company announced today that it has entered into a licensing partnership with Cross River, a respected technology driven infrastructure provider that offers embedded financial solutions.

17 February 2022

News/payments

PayTile partners Cross River on location-based payments platform

Cross River Bank is joining forces with fintech PayTile to deliver a peer-to-peer payments app that uses geo-location technology.

03 February 2022

Company announcement/payments

Cross River Bank partners Payment Approved

Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced that it has partnered with Payment Approved, a fintech that offers an easy access to end-to-end payment solutions for clients in the Money Service Business (“MSB”) sector, e-commerce businesses, and retailers, to provide businesses with faster and broader payment options that are safe and secure.

17 November 2021