Community Bank Acquires SMB Digital Bank Seed
PYMNTS
JUNE 25, 2019
Its takeover of Seed strengthens its position in the small business FinTech market. Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. Its acquisition of Seed follows last year’s $100 million private equity investment raise, led by KKR & Co Inc. reports said.
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