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cross river
Overview
Cross River is a leading technology-driven financial institution operating within the fintech and banking sectors. As a pioneer in Banking-as-a-Service (BaaS), Cross River provides critical infrastructure and regulatory expertise to enable technology companies to offer embedded financial products, including payments, lending, and card services. They occupy a prominent position as a key enabler within the fintech ecosystem, facilitating innovation and expanding access to financial services through strategic partnerships and API-driven solutions.
cross river's headcount breakdown by department
| Department | HeadCount |
|---|---|
Administrative | 15 |
Consulting | 4 |
Service | 9 |
Design | 4 |
Education | 2 |
Cross River's department distribution underscores its commitment to technology and regulatory compliance, reflecting its core function as a BaaS provider. The sizable 'Technical' department (137 employees) signifies a strong investment in maintaining and enhancing their platform's capabilities and security. The large 'Finance' (104 employees) and 'Legal' (50 employees) departments are crucial for navigating the complex regulatory landscape of the financial industry and ensuring compliance across various partnerships and product offerings. The robust 'Other Department' headcount (200 employees) likely encompasses specialized roles related to platform integrations, risk management, and partnership support, showcasing the complexity of their BaaS model. The 'Research' department (49 employees) indicates a commitment to innovation and developing new financial solutions. While 'Sales' (19 employees) and 'Marketing' (13 employees) are smaller, this suggests a partnership-driven growth strategy, where platform clients are primarily responsible for end-user acquisition. The 'Customer Service' department's modest size (9 employees) likely points to reliance on platform partners for direct customer support. Overall, the workforce structure demonstrates a balanced approach, prioritizing technology, compliance, and strategic partnerships essential for successful BaaS operations, aligning with its industry and business strategy to provide infrastructure and regulatory support to fintech companies.
cross river's employees by locations
Employee Count by Country
Total: 705 employees
Cross River's global workforce distribution indicates a strategic blend of domestic focus and international expansion. The majority of its employees are based in the United States (550 employees), solidifying its position as a primarily domestic financial institution serving the US market. The significant presence in Israel (138 employees) suggests a strategic technology hub, likely leveraging the country's strong tech expertise for research and development, cybersecurity, or software engineering related to their platform. The distribution of the remaining workforce across various countries in Europe (United Kingdom, Netherlands, Spain, Norway), Asia (Nepal, Singapore, Saudi Arabia, Palestine State, United Arab Emirates), and North America (Canada) indicates a growing global footprint. These smaller international teams likely support key partnerships, business development activities, and regulatory compliance efforts in those regions. The company's core operations and technology infrastructure appear to be concentrated in the US and Israel, enabling it to efficiently serve its clients and pursue international collaborations. This strategic geographic distribution allows Cross River to capitalize on specialized talent pools, support global partnerships, and expand its reach within the evolving fintech landscape while maintaining a strong operational core in its primary markets.
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