Cross River
Cross River provides API-driven banking infrastructure and a variety of financial services, including payment solutions, lending products, and card programs, while supporting community initiatives and economic development.
Cross River Services
Cross River provides API-driven banking infrastructure that embeds financial services across industries. The company offers a variety of payment solutions, including FedNow, RTP, Same-Day ACH, Push-to-Card, and Wires. Additionally, Cross River’s platform includes marketplace lending and capital solutions, alongside card and deposit programs such as credit cards, debit cards, and accounts.
Cross River Products
Cross River’s product range encompasses card issuing services, including BIN sponsorships for Visa, Mastercard, and American Express. The company provides asset-based financing solutions tailored to fintech companies and investors. Their digital ventures team invests in early-stage fintech companies, enhancing their product ecosystem. Cross River also offers commercial real estate loans and services, covering asset classes such as multifamily, retail, and industrial properties, and healthcare financing solutions for healthcare properties.
Cross River Compliance Framework
Cross River's compliance framework is designed to keep pace with innovation and regulatory requirements, incorporating background checks, underwriting, and federal and state licensure reviews. This robust framework ensures that the company's expansive offering of financial services maintains compliance with industry regulations, supporting secure and legally sound operations across all products and services.
Cross River Community Initiatives
Cross River supports organizations that drive economic development through community initiatives. The company's Foundation@ supports not-for-profit and community-based projects and programs. Additionally, their Paycheck Protection Program (PPP) assisted over 375,000 businesses, providing much-needed financial support with an average loan size below $25,000. Their social responsibility initiatives include financial literacy programs and community volunteerism.