Cross River's Israeli Software Developer Opens Jerusalem Offices
In December, Cross River announced it completed a $100 million fundraising round
16:1911.03.19
New Jersey-based community bank Cross River Bank Inc.’s Israeli software developer Brix Software Ltd. is relocating to a new headquarters in Jerusalem’s Har Hotzvim industry park, the company announced Tuesday. In December, Cross River announced it completed a $100 million fundraising round.
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Brix developed the risk management algorithms that serve as the foundation of Cross River’s marketplace lending and payment processing arenas, according to the company’s statement. Brix also opened a customer support department for Cross River, Brix CEO, Moshe Tzvi Wieder said in a Monday interview with Calcalist.
Brix CEO Moshe Wieder with MK Uri Maklev. Photo: Dave Morgenstern