🚀 Meet CRNow — our partner network built for real-time fund movement, giving fintechs the speed and flexibility they need. With CRNow, partners have full control and automation to move money instantly, 24/7/365—whether you want to direct payments to a chosen network or let COS automatically find the fastest route. The result: No delays. No cut-off windows. Just settlement in seconds. 🔗 Here’s why we built it: https://lnkd.in/egj3gBgX #RealTimePayments #FintechInfrastructure #BankingInnovation
Cross River
Financial Services
Fort Lee, New Jersey 32,935 followers
Powering the future of financial services.
About us
Cross River Bank provides technology infrastructure powering the future of financial services. Leveraging a proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC.
- Website
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http://www.crossriver.com
External link for Cross River
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Fort Lee, New Jersey
- Type
- Privately Held
- Founded
- 2008
- Specialties
- Marketplace Lending, Small Business Loans, FinTech, Commercial Real Estate Loans, Crowdfunding, Payments, Securitization, Virtual Currency, ACH / IAT, Wallet (Custody), Core API Driven Banking, Capital Markets, Deposits/CDs, Small Business Lending, Banking as a Service, Wire Transfers, Real Time Payments, and Compliance
Locations
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Primary
2115 Linwood Ave
Fort Lee, New Jersey 07024, US
Employees at Cross River
Updates
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The financial landscape is shifting beneath our feet. Financial services are no longer about branches—they’re about embedding seamlessly into the social platforms where people already spend their time. By designing banking solutions that thrive in today’s attention economy, we’re embracing this transformation. Our API-enabled banking core is already delivering embedded solutions that work where people already are engaged. In his latest blog, Adam Goller, our Head of Fintech Banking, explores how the next generation of financial services will unfold inside the social platforms we’re already using and why choosing a technology-first banking partner is critical for businesses navigating this shift. Read the full blog here: https://lnkd.in/e_n8mEsJ #EmbeddedFinance #DigitalTransformation #FintechInnovation
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📣 Our Principal Finance Group has entered into a forward-flow agreement with Parafin, committing up to $360 million in aggregate assets. As part of our work to power the growth of innovative fintech platforms and their capital partners, this arrangement provides Parafin with a significant source of committed capital—supporting the funding needs of small businesses and enhancing Parafin’s ability to scale responsibly. Learn more: https://lnkd.in/eHJp8iMg #EmbeddedFinance #PFG #FintechInnovation
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Catch up on this week's Cross River IQ newsletter. Here are the highlights: ⤵⤵⤵ ➡ Miran Says Fed Benchmark Should Be 2.5% ➡ CFPB Drops Consent Orders ➡ FIS Acquires Amount ➡ PayNearMe Raises Series E ➡ Cardless Bags $60MM ➡ Tether Seeks To Raise at Eye-Popping $500Bn Valuation #consumerlending #fintech #baas
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Join us at the AI-Native Banking & Fintech Conference by Spring Labs on September 30. Our Chief Data & AI Officer, Pravesh Rijal, will be speaking about the ways we’re implementing AI across sectors, including how agentic AI solutions are enhancing capability and efficiency in compliance practices, capital markets, and code deployment and development. Get more information about the conference ➡️ https://lnkd.in/gNEhztB6 #AI #Fintech #AgenticAI
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Big ideas don’t build themselves. They need bold people—and a bold partner. We’re heading to Money20/20 to connect with the innovators redefining what’s next in fintech. Cross River is ready to build with you. 💡 Book a meeting with our team: https://lnkd.in/eACsZUue #Money2020 #FintechInnovation
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Catch up on this week's Cross River IQ newsletter. Here are the highlights: ⤵⤵⤵ ➡ Fed Cuts Rates By 25bps ➡ Lendbuzz Files For IPO ➡ Stablecore Raises $20MM ➡ WorkFusion Bags $45MM in New Funding ➡ Arch Raises Series B ➡ SEON Announces $80MM Series C ➡ Plaid and JPMorgan Chase Reach Fee Deal #consumerlending #fintech #baas
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As the Jewish New Year, Rosh Hashanah, approaches, we’re sharing the sweetness of the holiday with our entire team! This week, we expressed our heartfelt appreciation by gifting locally sourced New Jersey honey to employees. It's our way of saying "thank you" while wishing everyone a sweet, prosperous, and fulfilling year ahead. These traditions are more than symbolic—they reflect the care, connection, and community that define life at Cross River. May your year be as sweet as honey and as amazing as our team! 🐝 #TeamCrossRiver #EmployeeAppreciation
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📣 Just launched: Advanced Authorization by Cross River, redefining real-time card transactions. We’re bringing our partners into the authorization flow! Advanced Authorization empowers fintechs and enterprises to manage real-time card transaction approvals with customized logic, all backed by our banking rails and compliance infrastructure. ✅ Reduced improper transaction declines ✅ Elimination of manual wallet fund transfers ✅ Faster innovation cycles for fintech partners Whether it’s gaming, travel, rewards, or multi-balance platforms, Advanced Authorization delivers the speed and flexibility today’s innovators need. 🔗 Learn more: https://lnkd.in/eFqnwPpJ #AdvancedAuthorization #Payments #FintechInnovation
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