Cross River Buys Seed for On-Boarding System

Cross River has agreed to buy Seed for an undisclosed amount to improve their on-boarding system; “The technology is very compelling,” Cross River Chairman and CEO Gilles Gade said in an interview with American Banker. “From a cultural standpoint and from a synergistic and strategic standpoint, it just made sense for us to join forces.”; on-boarding is a big issue, especially for smaller banks who have been looking to improve their processes; Seed’s founders will join the Cross River team to help them to develop new technology for operations, IT and AML compliance. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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