Cross River Bank raises $100 mln

Cross River Bank said Dec. 6 that it raised $100 million in a round led by KKR. New investors include CreditEase and LionTree Partners. Also participating were returning investors Battery Ventures, Andreessen Horowitz and Ribbit Capital. KKR’s investment in Cross River is about $75 million. Cross River, of Fort Lee, New Jersey, provides banking services for financial technology companies.

6 December 2018•4 mins read
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