Tech Company Financing Transactions
Cross River Bank Funding Round
On 11/2/2016, Cross River Bank secured $28 million in funding from Battery Ventures, Andreessen Horowitz and Ribbit Capital.
Transaction Overview
Company Name
Announced On
11/2/2016
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its technology and product-development teams; accelerate business-development efforts; continue to invest in its compliance infrastructure; and launch new business lines.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
400 Kelby St. 14th Floor
Fort Lee, NJ 07024
USA
Fort Lee, NJ 07024
USA
Phone
Website
Email Address
Overview
Cross River Bank is driven by a simple belief: that consumers and businesses want and deserve Better Banking. Cross River integrates leadership, compliance, risk management, technology, service and innovation to propel our banking operations. Cross River Bank is Member FDIC and an Equal Housing Lender.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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