Search Results for "Eldridge"
2 results for "Eldridge"
Deals 2
Cross River Bank Raises $620M at Over $3B Valuation
Cross River Bank, a leading BaaS provider, raised $620 million in a funding round valuing the company at over $3 billion. The round was led by Eldridge and Andreessen Horowitz with participation from T. Rowe Price, Whale Rock, and Hanaco Ventures. The capital will fuel expansion in payments, lending, and banking-as-a-service for its 80+ fintech partners including Affirm, Coinbase, and Stripe.
Varo Bank Raises $510M Series E at $2.5B Valuation
Varo Bank, the first consumer fintech to receive a national bank charter in the US, raised $510 million in Series E funding at a $2.5 billion valuation. The round was led by Lone Pine Capital with participation from Warburg Pincus, The Rise Fund, Gallatin Point Capital, and others. Funds will support product and technology development as Varo scales its digital banking platform.