CreditEase has participated in a $100m funding round for Cross River Bank, which will invest in recruitment and the strengthening of its compliance infrastructure.

US-based banking services provider Cross River Bank raised $100m in funding yesterday from investors including online lending platform CreditEase. Private equity firm KKR led the round with a $75m commitment, supplying most of the money through itsPrivate Credit Opportunities Partners II fund. Lion Tree Partners, Battery Ventures, Andreessen Horowitz and Ribbit Capital also took part.…

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