- Cross River Bank is a technology infrastructure provider specializing in embedded financial solutions, focusing on integrating crypto, lending, payments, and cards on a single platform with advanced AI capabilities.
- In April 2026, Cross River announced a $50 million capital raise from existing investors, including T. Rowe Price, to support product innovation and expand its international presence.
- The bank has deepened its partnership with Upgrade, increasing a revolving credit facility from $150 million to $250 million, which underscores its commitment to scaling alongside innovative consumer fintech leaders.
- Cross River's ideal buyers are fintech companies seeking robust, compliant financial infrastructure; they address pain points related to the integration of diverse financial services and the need for rapid market entry.
Finance and Administration is the largest team at 167 employees (about 24% of the company), followed by Engineering with 128 (about 18%). Additional functions include Business Management (65), Information Technology (55), Operations (50), and Marketing and Product (50), each representing roughly 7–9% of headcount. Customer-facing and control functions are meaningful as well, with Sales and Support (43) and Risk, Safety, Compliance (43) each at about 6%, while Banking and Wealth Management accounts for 34 (about 5%). The remaining 66 employees fall under Other, reflecting several smaller, specialized teams.
New York, NY is the largest hub with 226 employees (about 32%). There is also a notable presence in Israel (51) and Jerusalem (13), alongside U.S. locations including Fort Lee, NJ (24), Teaneck, NJ (10), Jersey City, NJ (8), Portland, OR (7), and Los Angeles, CA (6). An additional 335 employees (about 48%) are categorized as Other, indicating a broadly distributed workforce beyond the listed hubs. The mix suggests a primary base in the New York metro area complemented by satellite offices and distributed team members.
