Cross River banks $50 million capital raise

ChainWatcher · 2026-04-03T10:33:31+00:00

Founded in 2008, Cross River provides integrated financial solutions for over 100 partners. Recent funding will enhance crypto scaling and global expansion, with a focus on AI capabilities to improve compliance and innovation.

ChainWatcher

2026-04-03 10:33:31

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Founded in 2008 and backed by global investors, Cross River powers lending, payments, card, and crypto solutions for over 100 technology partners, including X, Upgrade, Upstart, Trustly, Stripe, Plaid, DailyPay, Coinbase, Checkout, Bill.com, Best Egg, and Affirm.

The company’s proprietary real-time banking core is the foundation for delivering embedded finance products spanning payments, lending, crypto, and capital markets—for businesses and consumers worldwide.

The funding, supported by existing investor T. Rowe Price, will be used for crypto scaling, global expansion and accelerated uptake of AI capabilities.

Gilles Gade, chairman, founder, and CEO of Cross River, says: “We thank T. Rowe Price for their support of Cross River’s strategy of embedded finance 2.0, the bundling of crypto, lending, payments, and cards on one platform with a sophisticated AI layer to deliver innovative solutions with exceptional compliance and risk management."

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