Cross River Bank
Cross River
Cross River is a BaaS banking infrastructure with native USDC and stablecoin support, more than 80 fintech partners and a Durbin exemption that keeps interchange competitive, all underpinned by solid compliance. It is, however, strictly B2B and confined to the US market.
Data & conditions
| Service type | Card issuing / BaaS |
|---|---|
| Pricing model | Interchange share |
| Card networks | Visa, Mastercard |
| Card types | debit, credit, prepaid |
| Fiat rails | ACH, Wire |
| Stablecoins | USDC |
| Certifications | SOC2-T2, PCI-DSS-L1 |
| SDK | curl, Node.js, Python, Ruby, Go |
| Fund custody | Self-custody (funds in your control) |
| KYC | Full |
| Supported countries | US · 1+ countries |
| Regulator | FDIC / NJ Dept. of Banking and Insurance |
| OAM Italy registration | No |
| Segment | B2B |
| Past incidents | 2023 FDIC consent order for unsafe lending practices |
| MiCA / License status | Bank Charter New Jersey state charter, FDIC-insured (US) — Durbin-exempt |
Strengths
- USDC/stablecoin support native; 80+ fintech partners; Durbin-exempt; compliance solida.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- B2B; US-only.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (New Jersey state charter, FDIC-insured (US) — Durbin-exempt): reporting to authorities and freezes on order.
Verdict
Tier A is earned by the solid infrastructure, 80+ fintech partners and the Durbin exemption that keeps interchange competitive, but the 2023 FDIC consent order for unsafe lending practices is the reason it goes no higher: it is a compliance-risk signal that weighs on the protection lens. It also remains a US-only B2B service.
Native USDC and stablecoin support is a crypto-native plus, but it remains an FDIC-regulated bank (New Jersey state charter) with full KYC and intermediated custody: no self-custody, no censorship resistance. Through this lens the value is limited and the consent order matters little, since regulatory soundness is not what is measured here.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
What service does Cross River Bank offer?
Cross River Bank is a Card Issuing & BaaS service with BIN sponsorship pricing.
What compliance does Cross River Bank hold?
Certifications: SOC2-T2 and PCI-DSS-L1.
How much does it cost to integrate Cross River Bank?
Pricing model: BIN sponsorship. Per-unit fees are not published: they depend on volume and contract.
Does Cross River Bank support stablecoins?
Supported stablecoins are not documented.
Who is Cross River Bank for?
Target: B2B. SDKs and integrations are not publicly documented.
Sources
- Official service page Pricing model · Compliance · Volume · Founders · +8 Data verified on Jun 15, 2026
- banks.data.fdic.gov Legal name · Company type · Regulator Data verified on Jul 19, 2026
- us.money2020.com Data verified on Jul 19, 2026
- docs.crossriver.com Sdk languages Data verified on Jun 15, 2026
Show 3 more sources
- bankingdive.com Past incidents · Valutazione Data verified on Jun 14, 2026
- sacra.com Investors Data verified on Jun 14, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026