Cross River Bank will provide banking services for X Money. This includes peer-to-peer payments, FDIC-insured accounts, and Visa debit cards. This move helps X Money expand its financial offerings to users.
Cross River, a banking-as-a-service provider, is partnering with X Money to enhance its financial services. This collaboration will allow X Money to offer peer-to-peer payments, making it easier for users to send and receive money. Additionally, X Money customers will gain access to accounts insured by the FDIC, ensuring their funds are protected. They will also receive Visa debit cards for everyday transactions. This strategic partnership supports X Money's growth as it expands its range of financial products for a broader audience.
