Cross River

Cross River is a US bank, Cross River Bank, that combines banking services with API infrastructure for payments, accounts, lending and card issuing. Its technology platform, known as COS, is based in Fort Lee, New Jersey, and the bank was founded in 2008.

Infrastructure and products

The bank lists accounts, card programmes and payment processing. Key products are real-time payments over RTP and FedNow, ACH, wires, Push-to-Card through original credit transactions, and sponsorship for card issuing and acquiring. It is described as an infrastructure bank behind card and account-to-account processing for large fintech and crypto companies.

Clients and terms

Published target segments include fintech companies, banks and financial institutions, and businesses. The company lists payments, crypto and buy-now-pay-later players among its target verticals. Commercial terms are set by institutional contract. Programme conditions and the onboarding of fintech partners are reviewed separately from opening an ordinary bank account.

Who it suits

The bank suits fintechs, PSPs and platforms in the United States that need a licensed sponsor for instant payments, cards and lending programmes. Pricing and approval criteria are not given in the profile, so they should be requested directly. It is not a route for individuals or small companies looking for a standard account.