Cross River

Fort Lee, United States Founded: 2008 • Age: 18 yrs Unicorn
Open banking API solutions are provided for financial institutions.

About Cross River

Cross River is a Financial Services company based in Fort Lee (United States) founded in 2008 by Gilles Gade. Open banking API solutions are provided for financial institutions. Cross River has raised $918 million across 8 funding rounds from investors including KKR, CreditEase and T. Rowe Price. The company has 1,647 employees. Cross River has completed 3 acquisitions, including Betterfin, PeerIQ and Seed. Cross River was last valued at $3 billion in March 2022. Its chief executive, as recorded, is Gilles Gade. Its website crossriver.com draws about 72 thousand monthly visits. Cross River offers products and services including API-Driven Banking Infrastructure, Payment Rails, Card Issuing, and Digital Lending. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its legal entity is Cross River Bank. Its competitors include Medici Bank International and Passport Fintech.

Company details

Cross River was founded in 2008 and is headquartered in Fort Lee, United States. Open banking API solutions are offered to financial institutions, encompassing loan origination software, banking-as-a-service platforms, asset-based financing, card services, and payment options such as push-to-card, ACH, and wire transfers. Regulatory compliance and cybersecurity threat detection are facilitated, alongside marketplace lending, savings accounts, and purpose-driven accounts within the fintech sector.

Key Metrics
  • Total Equity Funding
    $918M (USD)

    in 8 rounds

  • Latest Funding Round
    $20M (USD), Series D

    Oct 2026

  • Investors
    KKR

    & 18 more

  • Employee Count
    1,647
  • Investments & Acquisitions
    Betterfin

    & 2 more

Products & Services of Cross River

Cross River offers a comprehensive portfolio of products and services, including API-Driven Banking Infrastructure, Payment Rails, Card Issuing, and Digital Lending.

API-Driven Banking Infrastructure
Banking Platform

Enables API integration for payments and compliance services.

Payment Rails
Payment Services

Facilitates ACH, wires, and real-time payment transactions.

Card Issuing
Financial Products

Supports debit, credit, and prepaid card programs.

Digital Lending
Lending Solutions

Offers loan origination and management tools for businesses.

Funding Insights of Cross River

Cross River has successfully raised a total of $918M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in October 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $918M
  • Total Rounds 8
  • Last Round Series D β€” $20M
  • First Round $28M

    (Nov 2016)

  • Investors Count 12

All 8 funding rounds of Cross River with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2026$20MSeries D––
–
Jan 2026$50MSeries D––
–
Mar 2022$620MSeries D$3Ba16z, Eldridge Industries
Sep 2020$106MDebt – Conventional––
–
Apr 2020$100MSeries C–Shefa Capital
Dec 2018$100MSeries B–KKR
Jun 2018$27MDebt – Conventional––
–
Nov 2016$28MSeries A––
Valuation history
DateValuationStage
Mar 2022$3Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3B (Mar 2022). 19 investors in total: 19 institutional.

Investors in Cross River

Cross River has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, CreditEase and T. Rowe Price.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
a16z.com
Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors
eldridge.comMiami, United States
Startups are funded through venture capital by Hanaco Ventures.
hanacovc.comTel Aviv, Israel
Investments in innovative tech startups are made by Shefa Capital.
shefacap.comJerusalem, Israel
Multiple sectors are invested in by this private equity firm.
1976kkr.comNew York, United States
Investments in technology companies are conducted globally by Battery Ventures.
battery.com
Early-stage companies in fintech and multiple sectors are invested in.
2012ribbitcap.comPalo Alto, United States
Early-stage startups are funded by this Beijing-based venture capital fund.
ceinnovationcap.comBeijing, China
Micro VC firm investing in seed stage companies in the US, Germany and the UK
foundersguild.comNew York, United States
Venture capital firm investing in multiple sectors
k20fund.comCedarhurst, United States
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Investor details for Cross River

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People of Cross River

332 people are tracked at Cross River (117 in leadership, 9 in board & advisors, 206 in team); the tracked headcount is 1,647.

NameRoleGroup
Gilles Gade
Founder & Co-CEOLeadership
Frank N Goffreda
President & Co-CEOLeadership
Karan Mehta
Chief Financial OfficerLeadership
Quinn Jenkins
Associate Vice PresidentLeadership
Kathy Nelson
COOLeadership
Austin Benton
Associate Vice President, Aml/cft & OFAC Compliance, Fiu, Suspicious Activity MonitoringLeadership
John Carella
Director, Construction LendingLeadership
Adam Goller
EVP, Head of Fintech BankingLeadership
Shimon Eisikowicz
Executive Vice President & Chief Lending OfficerLeadership
Noah Cooper
Chief Investment OfficerLeadership
Benjamin Melnicki
Chief Compliance OfficerLeadership
Michael Raff
Chief Information OfficerLeadership
Benton Lee
VP, Crypto Business OperationsLeadership
Adam Pollack
Associate Vice President, PPP Program ManagementLeadership
Jaime Davila
Head Of Relationship Management - Cards/baasLeadership
Krunal Patel
PMO - Program Project DirectorLeadership
Prem Alexander
Head Of Enterprise SystemsLeadership
Ivete Pires
Associate Vice PresidentLeadership
Benjamin Frommer
Solutions Analyst VPLeadership
Tzvi Meisels
Vice President Enterprise SolutionsLeadership

312 more people are available in the full profile.

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Investments & Acquisitions by Cross River

Cross River has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Betterfin, PeerIQ and Seed.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Business loans are facilitated via a lender network for enterprises.
betterfin.comOakland, United States2017Nov 2021β€’β€’β€’β€’
Risk management tools are provided for P2P lending platforms.
peeriq.comNew York, United States2014Jun 2021β€’β€’β€’β€’
Commercial lending, compliance, and financial services for banks are provided.
seed.coSan Francisco, United States2014Jun 2019β€’β€’β€’β€’
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Complete acquisition details for Cross River

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Timeline of Cross River

7 dated milestones of Cross River across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cross River is founded.
  2. Funding First funding round of $28.0M.
  3. Acquisition Acquires Seed.
  4. Acquisition Acquires PeerIQ.
  5. Acquisition Acquires Betterfin.
  6. Milestone Reaches Unicorn status.
  7. Funding Latest funding round, Series D, of $20.0M.

Competitors of Cross River

Cross River has 2 listed competitors in our database. They include Medici Bank International and Passport Fintech.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
medici.bank2018New York, United States
Banking APIs are provided for launching digital banking platforms.
passportfintech.com2021San Francisco, United States
API-enabled open banking toolkits are provided for individuals and businesses.
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Detailed competitors of Cross River

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Web traffic of Cross River

The website of Cross River (crossriver.com) receives about 72.5K visits a month.

  • Monthly visits
    72.5K

    ▲ 5.6% vs previous month

Similar websites

Websites whose visitors overlap most with Cross River. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
f5.com
100%
994.8K#52,581View details
tideworks.com
100%
#139,954View details
entrek.com
entrek.com
100%
–
faxaway.com
faxaway.com
100%
#11,381,807–
synapsecs.com
synapsecs.com
100%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 31 similar websites and full traffic analytics for Cross River

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  • Audience overlap
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  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Banking & FinTech Platforms

3 companies that operate in the same segment as Cross River (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M237
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Related news about Cross River

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Frequently Asked Questions about Cross River

Cross River was founded in 2008 and raised its 1st funding round 8 years after it was founded.

Cross River is headquartered in Fort Lee, United States. It is registered at Fort Lee, New Jersey, United States.

Gilles Gade is the CEO of Cross River, as recorded in our data. They have also founded this company.

Cross River is a funded company, having raised a total of $918M across 8 funding rounds to date. The company's 1st funding round was a Series A of $28M, raised on Nov 2016.

Cross River has 1,647 employees.

Cross River was founded in 2008 and is headquartered in Fort Lee, United States. Open banking API solutions are offered to financial institutions, encompassing loan origination software, banking-as-a-service platforms, asset-based financing, card services, and payment options such as push-to-card, ACH, and wire transfers. Regulatory compliance and cybersecurity threat detection are facilitated, alongside marketplace lending, savings accounts, and purpose-driven accounts within the fintech sector.

Cross River's top competitors include Passport Fintech and Medici Bank International.

Cross River offers API-Driven Banking Infrastructure, Payment Rails, Card Issuing, and Digital Lending.

Cross River has made 3 acquisitions, including Betterfin, PeerIQ, and Seed.

Cross River has 19 investors. Key investors include KKR, CreditEase, T. Rowe Price, VCI Global, and Ribbit Capital.

The valuation of Cross River is $3B as of Mar 2022.

Cross River operates through Cross River Bank.

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