Cross River Bank Group launches new investment banking unit
The group’s new investment banking unit will be co-led by Benjamin Samuels and Henry Pinnell.
The group’s new investment banking unit will be co-led by Benjamin Samuels and Henry Pinnell.
Buyers, sellers, agents and escrow holders, can now move money “swiftly” and access expanded payment options.
Cross River’s compliance, payments and tech infrastructure will allow Pay.com to “scale and reach new markets”.
The round was led by Eldridge and Andreessen Horowitz.
The firm says its new acquisition will create a “comprehensive” suite of offerings.
The latest round will see Cross River Bank offer tech to venture capital firm in Malaysia.
New Jersey-based bank plans expansion abroad.