The CreditEase-backed banking services provider is targeting a 2021 initial public offering following a round co-led by V Capital and Shefa Capital.
Cross River Bank, a US-based neobank that counts online lender CreditEase as an investor, has secured $100m in a series C round co-led by investment adviser V Capital and investment firm Shefa Capital.
Founded in 2008, Cross River runs a regulated banking service tailored to businesses, in addition to offering real estate loans and capital markets advisory services. It is currently lending to businesses through the US government’s Paycheck Protection Program.
The company also originates loans on behalf of digital…
