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Cross River's Israeli Software Developer Opens Jerusalem Offices

In December, Cross River announced it completed a $100 million fundraising round

Adi Pick 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 Brix CEO Moshe Wieder with MK Uri Maklev. Photo: Dave Morgenstern

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