Founded Year

2008

Stage

Series D | Alive

Total Raised

$1.053B

Valuation

$0000 

Last Raised

$620M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+3 points in the past 30 days

About Cross River

Cross River provides application programming interface (API) driven banking infrastructure and embedded financial services. Its offerings include payment solutions, card programs, and a lending platform, which integrate with their partners' systems. Cross River serves sectors such as fintech, digital lending, and neobanks. It was founded in 2008 and is based in Fort Lee, New Jersey.

Headquarters Location

2115 Linwood Avenue

Fort Lee, New Jersey, 07024,

United States

201-808-7000

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ESPs containing Cross River

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Digital Lending Tech

The lending APIs & infrastructure market provides end-to-end solutions for digital lending operations, including loan management systems, risk management tools, and compliance management capabilities. These platforms enable financial institutions to originate, process, and service loans through API-driven architecture that supports integration with existing systems. The market encompasses core ban…

Cross River named as Challenger among 15 other companies, including Oracle, Fiserv, and FIS.

Cross River's Products & Differentiators

    Core financial services infrastructure

    provide infrastructure via APIs

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Research containing Cross River

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cross River in 1 CB Insights research brief, most recently on May 8, 2024.

Expert Collections containing Cross River

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cross River is included in 10 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,309 items

B

Blockchain

9,178 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.

F

Fintech 100

1,347 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

D

Digital Lending

2,538 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

S

SMB Fintech

1,231 items

G

Gig Economy Value Chain

155 items

Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry

Cross River Patents

Cross River has filed 1 patent.

The 3 most popular patent topics include:

  • bitcoin
  • cryptocurrencies
  • digital currencies
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/29/2020

Payment systems, Interbank networks, Cryptocurrencies, Digital currencies, Bitcoin

Application

Application Date

12/29/2020

Grant Date

Title

Related Topics

Payment systems, Interbank networks, Cryptocurrencies, Digital currencies, Bitcoin

Status

Application

Latest Cross River News

SNIPES LAUNCHES FIRST-OF-ITS-KIND LOYALTY PROGRAM THAT REWARDS MEMBERS FOR SAVING AND GRANTS EARLY ACCESS TO THE MOST COVETED SNEAKER DROPS

Nov 14, 2025

PHILADELPHIA Nov. 12, 2025 -- Today, SNIPES US , a leading global sneaker and streetwear retailer, announced the launch of "SNIPES Reserve," a first-of-its-kind loyalty program that transforms how consumers earn, save, and access the most sought-after products and experiences in sneakers and streetwear. As consumers increasingly manage their money through digital wallets, SNIPES is bringing loyalty directly into that experience — making rewards as seamless and accessible as the purchase itself. Beyond traditional points-based programs, SNIPES Reserve introduces a first-of-its-kind digital wallet that rewards members with real cashback, pre-funding bonuses, and early access to limited releases and events. "At SNIPES, our customers have always been at the heart of everything we do, and SNIPES Reserve is the next evolution of that commitment," says Martin Badour, SNIPES US President. "We're thrilled to offer our loyal community new and meaningful ways to interact with the brand they love, whether that's earning cashback on their purchases, gaining early access to the most coveted drops, or connecting with exclusive experiences. SNIPES Reserve isn't just a loyalty program - it's our way of saying thank you to the people who've made us leaders of streetwear culture for over 25 years." SNIPES Reserve introduces three industry-first features that set it apart from traditional retail loyalty programs: Cash Back, Not Points Members earn 3% cashback on eligible purchases - no conversions, no confusing point systems. Spend $100, get $3 back in real dollars that can be used immediately in-store or online. Earn While You Save In a first-to-market approach, members can prefund money into their SNIPES Reserve wallet through one-time or recurring contributions and earn 5% toward future SNIPES purchases. This innovative feature provides financial flexibility while rewarding members for planning their next purchase. Reserve the Heat First SNIPES Reserve members gain early access to the most coveted sneaker releases, including limited collaborations and exclusive holiday releases. For a chance for early access, members register their preferred size in the SNIPES app and, if selected, receive a text notification two days before the general release date, allowing them to reserve their pair before the general market. Access Beyond the Checkout SNIPES Reserve delivers more than product benefits - it unlocks exclusive experiences that connect members deeper into streetwear culture: Priority invitations to VIP events hosted by SNIPES Chief Creative Officer, DJ Khaled Ticket access through SNIPES' partnership with the Philadelphia 76ers First looks at SNIPES exclusive collections and global collaborations Exclusive access to launches and community events Snipes Reserve's crowdfunding tool also allows users to invite friends and family to contribute to their wallets, making it easier to reach goals together, whether it's for the holiday season, back-to-school shopping, or a big purchase. The SNIPES Reserve digital wallet is powered by Accrue, a payments and loyalty infrastructure platform redefining how merchants build and scale digital wallets. Accrue's technology connects stored value, cashback, and loyalty rewards into one unified system: driving customer retention and transaction growth through embedded financial experiences. SNIPES Reserve will be available in time for the holiday shopping season and some of the year's most anticipated sneaker releases. New members who download the SNIPES app and activate their digital wallet will receive $10 off their first purchase of $75 or more. ABOUT SNIPES Since the opening of the first SNIPES store in 1998, SNIPES has stood for more than just streetwear. Deeply rooted in hip-hop, basketball, soccer, and dance, the retailer connects streetwear culture, community, and fashion. With over 800 stores across Europe and the US, as well as an online shop, SNIPES offers not only sneakers and streetwear from global brands like adidas, Nike, and New Balance but also exclusive SNIPES collections and limited drops. From unique global partnerships with DJ Khaled and French football club PSG to local collaborations with key figures in the scene—SNIPES is an integral part of the streetwear culture community. SNIPES is more than just retail; it's a movement that brings people together worldwide. The company supports its community through various projects that nurture talent and provide young people with a platform. ABOUT ACCRUE Accrue builds digital wallets that help merchants turn transactions into relationships. With Accrue, retailers create fully branded wallets that connect payments and rewards, deepening engagement and driving long-term customer loyalty. Trusted by leading brands, Accrue reimagines how merchants build value beyond the point of sale. Visit byaccrue.com to learn more. SNIPES Reserve digital wallet is issued by Cross River Bank, Member FDIC. Funds deposited/loaded into your SNIPES Reserve digital wallet are held at Cross River Bank, Member FDIC, and are insured up to $250,000. Deposit insurance covers the failure of an insured bank. FDIC insurance is made available through pass-through insurance at Cross River Bank, where we have a direct relationship for the placement of deposits and into which customer funds are deposited, but only if certain conditions have been met. This News is brought to you by Qube Mark , your trusted source for the latest updates and insights in marketing technology. Stay tuned for more groundbreaking innovations in the world of technology.

Cross River Frequently Asked Questions (FAQ)

  • When was Cross River founded?

    Cross River was founded in 2008.

  • Where is Cross River's headquarters?

    Cross River's headquarters is located at 2115 Linwood Avenue, Fort Lee.

  • What is Cross River's latest funding round?

    Cross River's latest funding round is Series D.

  • How much did Cross River raise?

    Cross River raised a total of $1.053B.

  • Who are the investors of Cross River?

    Investors of Cross River include Battery Ventures, Andreessen Horowitz, Hanaco Ventures, Eldridge, T. Rowe Price and 12 more.

  • Who are Cross River's competitors?

    Competitors of Cross River include HSBC Bank Canada, IntraFi, SunTrust Banks, BB&T, Ally Bank - Document Custodian Business and 7 more.

  • What products does Cross River offer?

    Cross River's products include Core financial services infrastructure and 4 more.

  • Who are Cross River's customers?

    Customers of Cross River include Dwolla, Rocketloans and Affirm.

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