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Cross River Bank raises $620m in Series D funding

New Jersey based digital bank that offers payment and lending APIs to others raised $620m in Series D funding led by Eldridge and a16z.

“Cross River enables every company to become a fintech company, a vision we are bullish about at a16z and another reason why we’ve been committed to Cross River since the early days of the business,” said David George, general partner of the Growth Fund at Andreessen Horowitz. 

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banking