Press Release

Cross River Creates Space for Diverse Groups and Community Chambers to Come Together at Propelify

Cross River

October 7, 2022

2 min read

African American Chamber, Hispanic Chamber, Veterans Chamber and New Jersey Chamber of Commerce join Cross River to build new bridges in the tech community and empower all entrepreneurs

FORT LEE, N.J. - Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, hosted a collaborative lounge which brought together leading groups from across the state at yesterday’s Propelify Innovation Festival in Hoboken, New Jersey. The space, “Cross River Commons,” was built to empower diverse New Jersey entrepreneurs and create opportunities for historic collaboration. Various Chambers used the space to highlight their work supporting local small businesses, and tech entrepreneurs were able to connect with leading business advocates across diverse communities to find commonalities and propel economic inclusion.

“We have partnered with TechUnited and these Chambers for many years and the resources they provide to local businesses and the New Jersey community at-large are critical,” said Phil Goldfeder, SVP of Global Public Affairs at Cross River. “Bringing everyone together for this year’s Propelify Innovation Festival was an obvious decision for Cross River, and provided a special and unique opportunity for the technology community to unite with the organizations on the front lines of financial inclusion and business development.”

Innovation is democratizing financial services and creating opportunities for many who have historically been left out. In addition to its innovative work in fintech, Cross River is promoting pragmatic and inspiring community collaborations that can further its core mission of inclusivity and empowerment.

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