The more than decade-old Cross River, which partners with various financial technology companies and marketplace lenders, will gain Betterfin’s software to help digitize parts of the small-business lending process including origination and underwriting.
“With the addition of Betterfin’s technology stack, our core infrastructure and offerings will become exponentially more powerful as we continue to support our partners,” Gilles Gade, the founder, president and chief executive officer of Cross River, said in a statement.