June 15, 2021
Cross River Launches Venture Capital Arm to Propel the Next Generation of Fintech Startups
FORT LEE, N.J. - Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced Cross River Digital Ventures, its recently established venture capital arm. Cross River Digital Ventures seeks to invest in companies that sit at the intersection of lending, payments, investing and fintech, and are of strategic value to both the Cross River ecosystem and the broader technology industry.
“Cross River already powers some of the largest companies in fintech and this new endeavor will help us identify and make additional strategic investments,” said Gilles Gade, Founder, CEO and Chairman of Cross River. “Similar to Cross River, we are looking for special companies that are trying to change the world through innovation.”
Cross River provides leading technology and deep banking expertise which has become the foundation on which dozens of partners build their ecosystems and fuel their brands. By serving as a synergistic partner for early-stage startups, Cross River is building partnerships with the next generation of technology pioneers. These investments will help start-ups scale more rapidly and develop new, innovative solutions that address the needs of the marketplace.
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