Cross River

company

About

Cross River is a financial institution that offers technology and banking services to consumers and businesses.

  • 501 - 1000

Details

Last Funding Type
Series B
Last Funding Money Raised
$100M
Industries
Banking,Financial Services,FinTech
Founded date
Jan 1, 2008
Number Of Employee
501 - 1000
Operating Status
Active
Investor Type
Investment Bank

Cross River combines innovative technologies with the expertise of a bank to create new services and solutions for fintech companies that are redefining global financial services. In addition to traditional banking, the company has developed partnerships with financial technology leaders to build compliant and integrated products for the marketplace lending and payment processing arenas.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$100M
Cross River has raised a total of $100M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 6, 2018 Series B $100M 1 Kohlberg Kravis Roberts Detail

Investments

Number of Investments
Number of Lead Investments
4
1
Cross River has made 4 investments. Their most recent investment was on May 11, 2022, when Deserve raised $250M.
Date Company Name
Round Money Raised Industry Lead Investor
May 11, 2022 Deserve
Debt Financing $250M Credit
Mar 17, 2022 Cherry
Debt Financing $50M E-Commerce Yes
Sep 22, 2021 Ocrolus
Series C $80M Banking
Jun 2, 2021 Exotel
Series Unknown ₹450M Cloud Data Services

Investors

Number of Lead Investors
Number of Investors
1
1
Cross River is funded by 1 investors. Kohlberg Kravis Roberts are the most recent investors.
Investor Name Lead Investor Funding Round
Kohlberg Kravis Roberts Yes Series B

Acquisition

Cross River has acquired 1 organizations. Their most recent acquisition was Seed on Jun 24, 2019. They acquired Seed for 0.

Date Company Name
Industry Acquisition Type Price
Jun 24, 2019 Seed
Banking acquisition Detail