NJ-chartered FDIC-insured bank providing Banking-as-a-Service infrastructure to fintech partners
Cross River Bank is a New Jersey state-chartered, FDIC-insured commercial bank that powers banking infrastructure for fintech partners including Affirm, Coinbase, Stripe, and Marqeta. Unlike VC-funded fintech startups it is an actual regulated depository institution. It raised $620M in 2022 at a ~$3B valuation, with T. Rowe Price participating. The bank operates under a 2023 FDIC consent order related to fair-lending and BSA/AML controls and has been working through remediation. An IPO has been discussed for 2025-2026 but no S-1 has been filed.
fintech📍 Fort Lee, NJFounded 2008
Current Valuation
$3.0B
as of 2022 (Series D, likely stale)
UNICORN
QL Price
$2.2B
-27% vs last round
QuantLogix's current estimate for Cross River Bank, published 2026-10-07 — below the last disclosed round of $3.0B (2022 (Series D, likely stale)).
Confidence
medium
Basis
blended
What backs this price
Last disclosed round
$3.0B
2022 (Series D, likely stale)
weight 0.04
Secondary market print
$2.2B
2026-06-27
weight 0.54
Public-company comparables
$1.0B
2024
weight 0.05
How this price has held up
No round has priced for Cross River Bank since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Cross River Bank, 2026-10-07 (95a9fe5ee2fb918a).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookrumored
Is Cross River Bank going public in 2026?
An IPO is rumored for 2026, with nothing filed. Cross River Bank remains private and the date is not the company's.
What is Cross River Bank's valuation in 2026?
Cross River Bank is valued at $3.0B as of 2022 (Series D, likely stale), set by its Series D ($620M, Mar 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Cross River Bank filed an S-1?
No public S-1 is on file for Cross River Bank as of 10/07/2026; the IPO is rumored.
Who are Cross River Bank's investors?
Cross River Bank's investors include Eldridge, Andreessen Horowitz, T. Rowe Price, Whale Rock Capital, Hanaco Ventures, Lightspeed Venture Partners and 1 more.
How much has Cross River Bank raised?
Cross River Bank has raised $908M in total, most recently a Series D of $620M in Mar 2022.
Is Cross River Bank publicly traded — can you buy Cross River Bank stock?
No. Cross River Bank is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Cross River Bank on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Gilles Gade
Founded
2008
HQ
Fort Lee, NJ
Employees
1000+
Total Raised
$908M
Est. Revenue
$675M (2024)
Last Round
Series D — $620M (Mar 2022) · Lead: Eldridge
IPO Status
rumored
Fundraising Status
Series D · $620M · 4y 7mo ago
rumoredTotal raised $908M
Secondary Market
Implied price / share
$78.68
Last round price / share
$105
vs last round
-25.1%
Open interest
4
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series D
$620M
Mar 2022
Eldridge
—
Talent Signal
Hiring trend
▲ Hiring uptrend
+18% vs 2026-08
Open roles
39
via greenhouse
Product-build share
28%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 28% builders vs 72% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Associate, AI UX DesignerEngineer II, IT InfrastructureFull Stack EngineerQA Engineer IISenior AI/ML EngineerSenior QA Engineer
Counted from Cross River Bank's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Gilles Gade
Investors
Eldridge · Andreessen Horowitz · T. Rowe Price · Whale Rock Capital · Hanaco Ventures · Lightspeed Venture Partners · Battery Ventures
Products
BaaS API platform
Payments (ACH, wires, RTP, FedNow)
Embedded lending infrastructure
Card issuing
Marketplace lending services
Competitors
Column · Lead Bank · Evolve Bank & Trust · Pathward · Treasury Prime · Synapse (defunct)
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022 (Series D, likely stale). Refreshed quarterly.