The group – which is headquartered in Kansas City and includes CRB Securities and embedded finance solutions vendor Cross River Bank – says the new division will work to advise fintechs on “their most critical decisions, including mergers and acquisitions, capital markets transactions and other corporate finance matters”.
The investment banking unit will operate as part of CRB Securities, which to date has focused its attention on asset-backed securities and other privately placed credit transactions.
To lead this endeavour, the group has appointed Benjamin Samuels and Henry Pinnell as co-heads of investment banking.
