Cross River

Cross River is a financial services organization that merges traditional banking expertise with technological innovation. Founded in 2008, it offers API-based financial solutions that integrate services across various industries, ensuring regulatory compliance and supporting partner growth. The company is recognized for enhancing financial access for underserved populations and businesses. Cross River provides a wide range of financial products and services, including banking accounts through its proprietary Cross River Operating System, digital lending in partnership with fintech companies, card issuing and payment facilitation, and principal financing options. The company also offers securities services and merchant fund settlements through its acquiring BIN sponsorship programs. Cross River has established partnerships with notable fintech companies such as Affirm, Marlette, Rocket Loans, Upgrade, and Upstart. It played a significant role in the U.S. Small Business Administration’s Paycheck Protection Program during the COVID-19 pandemic, becoming the second-largest lender and supporting over 480,000 small businesses. This highlights Cross River's commitment to providing essential financial services and promoting accessibility in the financial sector.