Cross River Bank’s stated goal is to reinvent “the way financial services are accessed.” But that goal comes with a price tag.

To that end, Cross River parent company CRB Group Inc., headquartered in Fort Lee, announced a $620 million financing on March 30 to accelerate the technology infrastructure provider’s growth strategy.

The round was led by Eldridge and Andreessen Horowitz, according to the announcement, with participation from funds and accounts advised by T. Rowe Price Investment Management Inc., Whale Rock and Hanaco Ventures. Several of Cross River’s existing investors and significant partners also participated in the round.

FT Partners served as exclusive strategic and financial advisor to Cross River on the transaction.

“Cross River is powering the future digital economy and changing lives by reinventing the way financial services are accessed,” Gilles Gade, founder, president and CEO of Cross River, said in a statement. “The quality of the investor group and size of our latest funding make this a landmark transaction in the financial technology arena, and will enable us to accelerate the growth of Cross River as the foundation of modern finance.”

Cross River’s tech-focused growth strategy includes four core initiatives: building out its leading embedded payments, cards, lending and crypto solutions; further investing in its people and communities; continuing to execute against plans for international expansion; and bolstering strategic partnerships that underscore its commitment to reshaping global finance and promoting financial inclusion.

“As a technology company with the established expertise of a bank, Cross River is providing essential infrastructure for the future of finance and enabling companies to empower customers with a full suite of fintech solutions,” Todd Boehly, co-founder and CEO of Eldridge, said in a statement. “We are excited to support Gilles and his team with their continued global expansion.”

Cross River enables lending and payments for more than 80 partners including Affirm, Best Egg, Checkout.com, Coinbase, Divvy, Freedom Financial, Pay.com, Rocket Loans, Stripe, Trustly, Upgrade and Upstart.

To date, Cross River has raised more than $82 million in net capital to accelerate its growth and expand its global team to more than 800 employees.