Press Release

Cross River Partners with Revolut to Deliver More Affordable Access to Credit

Cross River

April 14, 2022

2 min read

Cross River is the trusted financial services organization that merges the established expertise of a bank, with the innovation and product offering of a technology company.

April 14, 2022

Cross River Partners with Revolut to Deliver More Affordable Access to Credit

Cross River’s one-stop-shop technology opens up the first personal loans for U.S. Revolut consumers, with more offerings slated to launch in the coming months

FORT LEE, N.J. - Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that it has partnered with Revolut, a global financial superapp with over 18 million customers worldwide, to build and scale Revolut’s business in the U.S. leveraging Cross River’s technology and regulatory infrastructure.

The partnership will open up the first U.S.-based consumer personal loans for Revolut customers thanks to Cross River’s technology infrastructure, with additional credit offerings slated to launch in the coming months. Cross River’s platform, technology and regulatory expertise will further expand access to financial services to customers across the country and enable Revolut to scale and expand across business verticals including credit.

As a result, Revolut customers will easily be able to take out a loan without worrying about late fees, origination fees and prepayment penalties. Customers can check their rates through the credit tab in their Revolut app without impacting their credit score. They can then seamlessly request the loan amount and term they need to accomplish their goals directly in the app.

“At Cross River, we’re always looking for new and innovative ways to provide access to credit,” said Adam Goller, EVP, Head of Fintech Banking at Cross River. “Our partnership with Revolut is instrumental in facilitating responsible financial solutions to consumers, and we’re excited to be powering Revolut’s U.S. expansion.”

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