Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Cross River Bank Receives Venture Capital Funding of $28mn
ShareTweet
Home
Finance
Cross River Bank Receives Venture Capital Funding of $28mn

Cross River Bank Receives Venture Capital Funding of $28mn

Fintech Nexus Staff·
FinanceFintechNews RoundupUSA
·Nov. 2, 2016·1 min read

Bank holding company, CRB Group Inc., has received venture capital investment of $28 million from Battery Ventures LP, Andreessen Horowitz and Ribbit Capital; the large investment in a bank is unusual for venture capitalists which have mainly been known for early stage financing in new fintech startups; CRB Group however has been considerably growing its digital banking capabilities making the investment attractive for fintech venture capitalists; New Jersey-chartered, Cross River Bank, was founded in 2008 and has since partnered with numerous fintech startups to offer industry leading services for lending and payments; the bank is expected to use the investment to continue building on its industry leading fintech services; because the bank is FDIC regulated the VC investors will be limited in some of their investment activities.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

    View all posts
Tags
BanksCross River Banklis
Related

Alloy provides compliance regulations roadmap for financial institutions, fintech partners

Sponsored Sponsored content is a type of promotional media paid for by an advertiser but created and shared by a publisher. Fintech Nexus contracts sponsored content articles to experienced journalists comfortable in the fintech space.
Fintech Weekly News

Top 10 Fintech News Stories for the Week Ending April 29, 2023

Fintech Weekly News

Top 10 Fintech News Stories for the Week Ending October 29, 2022

Cross River Bank

Cross River issuing AmEx cards on behalf of Fintechs

Popular Posts

Today:

  • Ben Hemani, Founding Partner at Bison VenturesThe Risk and Reward of Betting Big on AI’s Next Frontier Jun. 4, 2025
  • Stylizedhouse-with-EKGFintech x the One Big Beautiful Bill Jun. 26, 2025

This month:

  • WP UmbrellaTo Bank or Not to Bank: The ILC Question Jun. 5, 2025
  • GreenliteAI-Alex-WillGreenlite AI is on a mission to revolutionize banking compliance Jun. 10, 2025
  • Current stablecoin adoptionWhy Banks (and Fintechs) Need to Embrace Stablecoins Today Jun. 12, 2025
  • ai-work-nexusWalkMe Vets Declare War on SaaS Bloat with $10M Seed for Autonomous Agents Jun. 10, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Ironclad State of AI ReportThe Economics of AI Trust Jun. 11, 2025
  • Email-AI-pieceAvatar CEOs Have Entered the Meeting Jun. 18, 2025
  • Globe-money-symbolsOPINION: Why Brazil and India are leading the global digital shift through payment innovation Jun. 24, 2025
  • DanMurphy-FN-headshotCFPB’s Next Open Banking Battle Begins Jun. 3, 2025
  • Ben Hemani, Founding Partner at Bison VenturesThe Risk and Reward of Betting Big on AI’s Next Frontier Jun. 4, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results