Startup profile · funding coverage
Cross River Bank
Tech-forward bank powering fintechs with banking-as-a-service, lending, and payments rails.
Stage
growth
Status
private
Coverage
full
Why Cross River Bank is interesting
Cross River is critical fintech plumbing — a16z, Ribbit, and Battery backed it before a $620M round at $3B+ valuation in 2022.
Key facts
- Mar 2022: $620M co-led by Eldridge and a16z at >$3B valuation (Cross River, Businesswire)
- Oct 2016 Series A: ~$30M from Battery Ventures, a16z, Ribbit Capital (TechCrunch)
Investors in our directory
Funds linked from Cross River Bank's profile — open a fund page for stage focus and related deal articles.
Industries
Fintech
Industry hub pages are rolling out from our fund-derived baseline taxonomy.
FAQs about Cross River Bank
Funding context and why this company shows up in venture coverage.
Cross River Bank is a chartered bank providing banking-as-a-service infrastructure for fintechs — handling lending origination, payments, and regulatory compliance behind consumer-facing fintech brands.
Andreessen Horowitz (see /fund/andreessen-horowitz) co-led the $620M round in 2022. Ribbit Capital (see /fund/ribbit-capital) and Battery Ventures (see /fund/battery-ventures) backed earlier rounds.
Growth stage — $620M round in March 2022 at over $3B valuation. The bank remains private.
Fintechs need licensed banking partners to originate loans and move money. Cross River is a strategic choke point — its regulatory status and BaaS rails power many well-known consumer fintech products.
No — Cross River Bank remains a private, independently chartered bank.
Last updated: 2026-07-24