GBOX - GreenBox announces licensing partnership with Cross River

GreenBox (NASDAQ:GBOX) entered into a licensing partnership with Cross River, a technology driven infrastructure provider that offers embedded financial solutions. The partnership will bring to fruition the launch of GBOX's first banking-as-a-service initiative. Cross River’s infrastructure and access to payment rails will enable GBOX to open custodial, reserve, and operating accounts for their customers, who can manage their accounts with a full suite of tools, all powered by Cross River. By combining existing technology with Cross River’s infrastructure, GBOX will provide additional services to existing clients on one seamless platform while also offering a full suite of services to a new customer pool such as strategic partners, enterprises looking for a white label solution and current customer’s customers who presently only use GBOX for payment processing on the blockchain.

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GreenBox announces licensing partnership with Cross River