Announced
Financials
Tags
FinTech
financing platform
Majority
financial software
Private
Friendly
Pending
United States
Domestic
Acquisition
Single Bidder
Synopsis
Cross River Bank, a bank operator, agreed to acquire Betterfin, an operator of a financing management platform. Financial terms were not disclosed. “For over a decade, Cross River has redefined financial services for fintech partners, communities and individuals around the globe. With the addition of Betterfin, its team of professionals led by Eric Griego, its technology stack and market intelligence, the combination of our core infrastructure and small business offerings will become another powerful tool of our growth engine," Gilles Gade, Cross River Founder, President and CEO.
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