Eldridge and Andreessen Horowitz led a $620m funding round in Cross River.

Eldridge Industries and Andreessen Horowitz led a $620m funding round in Cross River Bank, a community bank, with participation from T. Rowe Price, Whale Rock and Hanaco Ventures. “Cross River is powering the future digital economy and changing lives by reinventing the way financial services are accessed. The quality of the investor group and size of our latest funding make this a landmark transaction in the financial technology arena, and will enable us to accelerate the growth of Cross River as the foundation of modern finance," Gilles Gade, Cross River Founder, President and CEO.