Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding Its Full Suite Of Offerings
Acquiring Company
Cross River
Acquired Company
Betterfin
Description
Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced the acquisition of Betterfin, a transformative financial platform that enables small business owners to access a wide range of financial products and solutions, capital markets data, and manage their own lending and cash flow processes. Following the closing, Betterfin is wholly owned by Cross River’s parent company, CRB Group, Inc. Financial details of the transaction are not being disclosed.
Quick answer
Cross River is acquiring Betterfin, announced November 2, 2021.
- How much did Cross River pay for Betterfin?
- The deal value was not disclosed.
- What does Cross River do?
- Cross River is a fast-growing financial services organization that merges the forward-thinking offerings of a technology company with the established expertise and traditional services of a bank.
- Who are the decision-makers at Cross River?
- Fundz holds 1 contact at Cross River. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Cross River, and when
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Frequently asked
Who acquired Betterfin?
Betterfin was acquired by Cross River. The deal was reported on November 2, 2021. Cross River is a fast-growing financial services organization that merges the forward-thinking offerings of a technology company with the established expertise and traditional services of a bank. Cross River is privately held and operates in Financial Services.
When did Cross River acquire Betterfin?
Cross River's acquisition of Betterfin was reported on November 2, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Betterfin do?
Betterfin was founded in 2017 by Eric Griego and Dan Gabrieli to help business owners understand the relationship between their finances and how lenders decision business loans. It is privately held, operating in Financial Services.
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