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Company profile: Cross River

1.1 - Company Overview

Cross River Logo

Cross River

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of API-driven banking infrastructure and payments solutions, combining bank expertise with technology to support fintechs and businesses. Offers instant payments via FedNow and RTP, same-day ACH, secure wires with Fedwire, international payments with FX and compliance, and customizable card and account programs, enabling embedded, compliant financial services and partner growth.

Products and services

  • Instant Payments: Cross River offers real-time payment systems via FedNow and RTP, enabling immediate money movement across the US
  • API-Based Financial Solutions: Cross River architects bank-grade, API-driven infrastructure that embeds financial services across industries, enabling compliant, integrated products and supporting regulatory compliance and partner growth for fintech partners
  • Card & Account Programs: Cross River develops custom-engineered card programs using Cross River’s card rails and APIs, enabling credit building and enhanced customer experience for consumer and business use cases

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Cross River

Form3 Logo

Form3

HQ: United Kingdom Website
  • Description: Provider of a cloud-native payments-as-a-service platform that designs, builds, and manages enterprise-grade, microservices-based payment technology for real-time account-to-account transactions. Offers payment orchestration, access to US RTP, FedNow and Fedwire, SEPA SCT, SCT Instant, SDD Core and B2B, UK Faster Payments, Bacs and Confirmation of Payee, and on-us payments to reduce fraud and improve operational efficiency.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Form3 company profile →
Backbase Logo

Backbase

HQ: The Netherlands Website
  • Description: Provider of an omni-channel Engagement Banking Platform that equips financial institutions with building blocks and accelerators to fast-track digital transformation and orchestrate customer journeys. Offers Model Bank accelerators, Backbase.io developer platform, Identity & Entitlements Management, Customer Experience, and Omnichannel Banking services.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Backbase company profile →
Traydstream Logo

Traydstream

HQ: United Kingdom Website
  • Description: Provider of a secure, scalable cloud platform that digitizes trade finance documents and automates trade and compliance checking. Employs machine learning and AI to extract data and validate transactions against UCP600, ISBP, and other rules via a customizable rule engine with templates and attributes; developed in collaboration with Citi to set global trade standards.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Traydstream company profile →
Zeta Logo

Zeta

HQ: United States Website
  • Description: Provider of banking technology for credit and debit card issuance, core banking, lending, and digital banking. Offers Zeta Tachyon for credit card processing with rewards, analytics, and customer service; Fusion Credit APIs for program definition, account management, transactions, simulation, and fraud prevention; Omni Stack cloud-native retail banking; embeddable card distribution; cloud-based core banking with analytics and risk monitoring.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Zeta company profile →
Socure Logo

Socure

HQ: United States Website
  • Description: Provider of AI-driven digital identity verification and fraud prevention solutions, including the ID+ platform leveraging AI/ML for real-time identity analysis, KYC for compliant customer growth, synthetic ID fraud detection, document and selfie verification, watchlist screening and monitoring, and age verification.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Socure company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Cross River

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Cross River

2.2 - Growth funds investing in similar companies to Cross River

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4 - Top valuation comps for Cross River

4.2 - Public trading comparable groups for Cross River

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4.3 - M&A Transactions similar to Cross River

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Cross River

What does Cross River do?

Cross River is a provider of API-driven banking infrastructure and payments solutions, combining bank expertise with technology to support fintechs and businesses. Offers instant payments via FedNow and RTP, same-day ACH, secure wires with Fedwire, international payments with FX and compliance, and customizable card and account programs, enabling embedded, compliant financial services and partner growth.

Who are Cross River's competitors?

Cross River's competitors and similar companies include Form3, Backbase, Traydstream, Zeta, and Socure.

Where is Cross River headquartered?

Cross River is headquartered in United States.

How many employees does Cross River have?

Cross River has 1,000 employees 🔒.

When was Cross River founded?

Cross River was founded in 2010 🔒.

What sector and industry vertical is Cross River in?

Cross River is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Cross River

Who are the top strategic acquirers in Cross River's sector and industry

Top strategic M&A buyers and acquirers in Cross River's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

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Financial Investors investing in Cross River's sector and industry vertical

Which are the top PE firms investing in Cross River's sector and industry vertical?

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Who are the top buyout funds acquiring in Cross River's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Cross River's sector and industry vertical?

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Valuation benchmarks of companies in Cross River's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Cross River?

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What are recent M&A transactions in Cross River's sector and industry vertical?

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What are recent capital raises and funding rounds in Cross River's' sector and industry vertical?

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