Cross River Bank Overview
- Founded
- 2008
- Status
- Private
- Employees
- 500
- Latest Deal Type
- Later Stage VC
- Latest Deal Amount
- $6M
- Investors
- 10
Cross River Bank General Information
Description
Cross River is a fast-growing financial services organization that merges the forward-thinking offerings of a technology company with the established expertise of a bank. Since its founding in 2008, Cross River has developed strategic partnerships with leading technology companies, marketplace lenders, and payment providers, while maintaining a strong focus on regulatory compliance and consumer protection. Cross River provides a highly secure, API-based banking platform and comprehensive suite of products encompassing lending, payments, risk management, and Banking-as-a-Service (BaaS) offerings to deliver responsible financial solutions that empower businesses and consumers anytime, anywhere. Cross River is a New Jersey state-chartered FDIC insured bank
Contact Information
Website
www.crossriver.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
National Banks
Other Industries
Thrifts and Mortgage Finance
Primary Office
- 400 Kelby Street
- 14th Floor
- Fort Lee, NJ 07024
- United States
+1 (201) 000-0000
Cross River Bank Timeline
Cross River Bank Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 16-Feb-2021 | $6M | 00000 | Completed | Generating Revenue | |
| 8. Debt - General | 20-Aug-2020 | 00000 | 00000 | Completed | Generating Revenue | |
| 7. Secondary Transaction - Private | 01-Feb-2020 | 00.000 | 00000 | Completed | Generating Revenue | |
| 6. Later Stage VC | 11-Dec-2019 | 0000 | 00000 | Completed | Generating Revenue | |
| 5. Later Stage VC (Series B) | 06-Dec-2018 | 00000 | 00000 | Completed | Generating Revenue | |
| 4. Grant | 01-Dec-2018 | 000.00 | 0000 | Completed | Generating Revenue | |
| 3. Debt - General | 08-Jun-2018 | 0000 | 0000 | Completed | Generating Revenue | |
| 2. Later Stage VC | 01-Nov-2016 | $28M | $28M | Completed | Generating Revenue | |
| 1. Early Stage VC | Completed | Startup |
Cross River Bank Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Cross River is a fast-growing financial services organization that merges the forward-thinking offerings of a technology
National Banks
Fort Lee, NJ
500
As of 2021
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San Francisco, CA
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As of 0000
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San Francisco, CA
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As of 0000
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Request a free trialCross River Bank Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wells Fargo | Corporate Backed or Acquired | San Francisco, CA | 000000 | 00000000000 | ||
| 000000000 | Venture Capital-Backed | San Francisco, CA | 000 | 000.00 | 00000000000 | 000.00 |
| 0.0. 0000000 | Corporation | Minneapolis, MN | 00000 | 000000&0 | ||
| 000000 0000 | Corporate Backed or Acquired | Salt Lake City, UT | ||||
| 00000 | Private Equity-Backed | New York, NY | 000000000000 |
Cross River Bank Executive Team (25)
Cross River Bank Board Members (15)
| Name | Representing | Role | Since |
|---|---|---|---|
| Charles Scharf | Cross River Bank | Board Member | 000 0000 |
| David Cotney | Self | Board Member | 000 0000 |
| Drew Parker | Cross River Bank | Board Member | 000 0000 |
| Gilles Gade | Cross River Bank | Chief Executive Officer, President, Chairman & Founder | 000 0000 |
| Israel Sendrovic | Self | Board Member | 000 0000 |
Cross River Bank Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialCross River Bank Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Ion Pacific | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Shefa Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
| CreditEase | Corporation | Minority | 000 0000 | 000000 0 | |
| Kohlberg Kravis Roberts | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| LionTree Partners | Investment Bank | Minority | 000 0000 | 000000 0 |
Cross River Bank Investments & Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000.00 | 21-Mar-2021 | 0000 00000 | Financial Software | ||
| 000000 | 21-Aug-2020 | 000000000000000000 | Financial Software | ||
| 00000 | 01-Jul-2019 | 00000 00000 00 | 000.00 | Financial Software | |
| Seed (Banking) | 24-Jun-2019 | Buyout/LBO | Financial Software | 000000 0000 |
Cross River Bank Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Seed (Banking) | Financial Software | San Francisco, CA | 2014 |
| 000000 | Financial Software | New York, NY | 0000 |