NJ-chartered FDIC-insured bank providing Banking-as-a-Service infrastructure to fintech partners
fintech📍 Fort Lee, NJFounded 2008
Current Valuation
$3.0B
as of 2022 (Series D, likely stale)
UNICORN
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 08/23/2026; 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.
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.
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.
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 5mo 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 steady
36% of roles posted in last 30d
Open roles
33
via greenhouse
Product-build share
42%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 42% builders vs 58% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Associate, AI UX DesignerAVP, Information SecurityEngineer II, IT InfrastructureFull Stack EngineerQA Engineer IISenior AI/ML Engineer
Counted from Cross River Bank's live job board as of 2026-08-17; 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.