Cross River Bank

Cross River Bank is a New Jersey state-chartered FDIC-insured bank that offers technology-driven financial solutions to fintech and technology companies. The bank provides embedded payments, cards, lending, and cryptocurrency services, enabling partners to deliver innovative financial products. Cross River's API-driven banking infrastructure supports a wide range of financial services, including real-time payments and merchant payouts.

In 2021, Cross River established Cross River Digital Ventures, its venture capital arm, to invest in companies at the intersection of lending, payments, investing, and fintech. This initiative aims to support the next generation of fintech startups by providing strategic investments that align with Cross River's ecosystem and the broader technology industry. The bank's investment strategy focuses on early-stage companies with innovative solutions that complement its existing services.

Cross River has a history of strategic partnerships and investments, including a $100 million funding round led by KKR in 2018. The bank has also expanded its services to include an investment banking division, offering advisory services on mergers and acquisitions, capital markets transactions, and other corporate finance matters. This expansion reflects Cross River's commitment to serving the evolving needs of the fintech community and its dedication to innovation in financial services.