New Jersey based Cross River, a commercial bank, extended their fintech acquisition record with the purchase of PeerIQ, a next generation provider of risk management tools, loan data and data verification features. It's founder dubbed the platform “the Bloomberg for marketplace lending.”
“We can do more together than as a partner that is one step removed,” said Ram Ahluwalia, PeerIQ's founder.
https://www.americanbanker.com/news/cross-river-buys-lending-fintech-exec-says-more-to-come