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VoPay strengthens US expansion with Cross River partnership

By Delisha Fernandes

March 13, 2024

  • Cross River
  • embedded payment
  • Financial Regulations
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Cross River, VoPayVoPay, a provider of embedded payment technology, is joining forces with Cross River Bank, a technology infrastructure provider that offers embedded financial solutions.

This alliance heralds an expansion of VoPay’s operations in the United States and reflects a timely response to the growing demand for advanced and secure payment technology. The collaboration aligns with VoPay’s ambition to broaden its service offerings, facilitating access to an extensive range of sophisticated financial solutions and significantly enhancing its market presence.

Hamed Arbabi, CEO of VoPay, stated, “Joining forces with Cross River marks a transformative moment for VoPay. This alliance not only accelerates our expansion into the U.S. market but also aligns perfectly with our vision to deliver technology enabling innovative financial solutions. Cross River’s advanced technological framework and deep regulatory expertise are invaluable as we endeavour to meet the evolving needs of our customers in today’s fast-paced financial landscape.”

Cross River plays a pivotal role, equipping VoPay with access to the US banking and payment network infrastructure. Cross River’s profound expertise in US financial regulations is critical to ensuring the collaboration upholds stringent security and compliance standards.

VoPay has consistently been at the forefront of delivering advanced payment technology solutions, catering specifically to the needs of software solution providers. Teaming up with Cross River significantly broadens VoPay’s horizons, enabling extensive coverage across North America. With a focus on transactional speed, security, and reliability, VoPay is well-positioned to offer an extensive portfolio of financial services across North America.

“Cross River’s relationship with VoPay stems from a shared commitment to transforming the FinTech landscape through responsible and reliable innovation,” said Keith Vander Leest, Head of Payments at Cross River. “By leveraging proprietary API technology, our collaboration ensures transparency to the underlying user for transaction monitoring while allowing for seamless and efficient transactions, empowering businesses with secure money movement in today’s regulatory environment.”

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