Cross River

The primary activity of Cross River is to provide a modern, comprehensive banking platform focused on technological infrastructure for financial services. The company offers a wide range of products and services, including:

• Payments: payment solutions (ACH, wire transfers, real-time payments, card payments, international payments, stablecoins), card issuance and processing (debit, credit, prepaid), merchant acquiring services.
• Digital lending: digital lending solutions, from origination to securitization, with automated servicing, regulatory compliance and asset financing.
• Bank accounts: FDIC-insured checking and savings accounts, accessible via API, with multi-subaccount management.
• Crypto and on-chain finance: integration of fiat rails and stablecoins, payment and on/off-ramp solutions for digital wallets, crypto-native products with banking controls.
• Principal financing: asset financing, credit solutions and loan retention to support business growth.
• Investment banking (CRB Securities): capital raising services, M&A advisory, ABS issuance and loan sale advisory for the fintech ecosystem.

Cross River primarily serves fintechs, neobanks, digital lenders, merchant acquirers, gaming operators, institutional credit investors, and developers seeking to integrate banking services via API. Its platform aims to enable these players to launch, scale and monetize innovative financial products quickly, while ensuring security, compliance and flexibility.

Cross River is an American company specializing in modern banking infrastructure, combining technology and banking expertise to offer innovative solutions to the fintech ecosystem. Here are the major milestones in its history and development:

Founding and initial positioning
Cross River was founded to meet the growing needs of technology and fintech companies for integrated, secure, and compliant banking services. From the outset, the company positioned itself as a partner bank, able to provide tailored solutions via modern APIs.

Product and service development
Over the years, Cross River has developed a comprehensive suite of banking products, including:

• Payment solutions (ACH, wire transfers, instant payments, card payments, stablecoins, etc.)
• Account services (checking accounts, savings accounts, unlimited sub-accounts, etc.)
• Digital lending solutions (origination, underwriting, management, securitization, etc.)
• Principal financing services (asset financing, loan purchases, etc.)
• Crypto solutions (on/off ramp, stablecoin payments, crypto accounts, etc.)
• Investment services via CRB Securities (fundraising advisory, M&A, securitization, etc.)

Strategic partnerships
Cross River has established itself as a key partner for major fintech and technology companies such as Stripe, Visa, Mastercard, Plaid, Upgrade, Best Egg, Dailypay, and many others. These partnerships have enabled Cross River to strengthen its market position and accelerate innovation in payments, lending, and digital banking.

Technological innovations
The company has developed its own proprietary core banking system, fully API-driven (COS), allowing rapid and flexible integration for its clients. Cross River has also been a pioneer in integrating both traditional and innovative payment rails (RTP, FedNow, stablecoins).

Acquisitions and diversification
Cross River expanded its offering with the acquisition of CRB Securities, thereby strengthening its presence in investment banking and advisory services for the fintech ecosystem.

Strategic changes and impact
The company has continually adapted its strategy to respond to changes in the financial sector, focusing on compliance, security, and innovation. It has also committed to financial inclusion initiatives and support for local communities.

Conclusion
Today, Cross River is recognized as a comprehensive banking platform, capable of supporting the growth of fintechs, neobanks, digital lenders, merchant acquirers, the gaming sector, and institutional investors, while remaining at the forefront of technological and regulatory innovation.

The founder of Cross River is Gilles Gade, who also serves as CEO (Chief Executive Officer). The main members of the management team include:

• Gilles Gade – Founder, President, and CEO
• Shimon Eisikowicz – Executive Vice President and Chief Lending Officer
• Adam Goller – Head of Fintech Banking
• Rohit Mittal – Chief Risk Officer
• David Cotney – Chief Compliance Officer
• Phil Goldfeder – Senior Vice President, Public Affairs

Cross River is an American bank specializing in innovative financial services, particularly in the fintech sector.