Cross River Bank is launching a fintech-focused investment bank, which will be a part of CRB Group's CRB Securities subsidiary. To date, CRB Securities has been focused mostly on connecting its fintech partners with privately placed credit transactions, but adding investment banking will allow it to offer a full-stack approach to include equity fundraising, M&A and other corporate advisory functions.
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Cross River wades into investment banking
"A lot of these companies are on their capital raising journey as we're working with them," Cross River's chief investment officer Noah Cooper says.
