Cross River Bank’s parent company, CRB Group, has raised $50 million in common equity capital from existing investors, including funds advised by T. Rowe Price, pushing its valuation to just over $3 billion. The Fort Lee-based fintech infrastructure provider plans to use the funds to scale its cryptocurrency capabilities, accelerate AI development, and expand its international footprint. The raise is centered around Cross River’s vision of “embedded finance 2.0” — bundling crypto, lending, payments, and card services into a single platform with an AI layer for compliance and risk management. The company currently powers financial services for more than 100 technology partners, including Stripe, Coinbase, Affirm, and Plaid, and follows a strong 2025 marked by record loan facilitation of over $1 billion.