• Debbie Oziel

Brix Software Expands to Meet the Needs of Global Fintech Client

Jerusalem Based Growth-Engine, Brix Software, Invests in Expansion to Support the Next Stage of Growth for Cross River


Jerusalem, Israel (March 5, 2019)—Brix Software Ltd, the boutique development group that provides cutting edge solutions to global Fintech client Cross River, has announced its move to a new headquarters located in Jerusalem’s Har Hotzvim Industrial Park, as it expands its operations and creates several new teams. The expansion of Brix comes on the heels of Cross River completing a $100 million fundraising round led by KKR, which has driven demand for additional support services.


Brix Software has helped play an instrumental role in propelling Cross River to its place of prominence as a global Fintech leader. Brix has developed customized mobile applications, banking products and risk management algorithms that serve as the foundation to Cross River’s solutions to the marketplace lending and payment processing arenas. The expansion of Brix will help power the next stage of Cross River’s complete digital banking platform.


“Our success at Brix is driven by our exceptional team which we continue to grow,” said Brix CEO, Moshe Tzvi Wieder. “We create cutting edge solutions by leveraging our employees’ talent. We encourage our team to always expand their technical skills and offer them incredible flexibility which we’ve seen yield superior creativity and productivity. We have designed a modern, elegant and comfortable work environment to help cultivate our atmosphere of collaboration and creativity.”


This expansion will enable Brix to continue to meet the ever-increasing requirements of its primary client, Cross River, a fast-growing financial services organization that merges the established expertise and traditional services of a bank, with the forward-thinking offerings of a technology company. Cross River has established partnerships with leading marketplace lenders and fintech companies including Visa, RocketLoans, Stripe and CoinBase, enabling them to focus on their own growth without hindering innovation, and has recently been named one of Forbes Fintech 50 for 2019.


“We are thrilled to continue our partnership with Brix Software as they move to a new location to expand their infrastructure and capabilities,” said Gilles Gade, Founder, President and CEO of Cross River Bank. “Our partnership with the team at Brix has been important to our growth and will be a major factor in our continued expansion and success.”


About Brix

Brix Software Ltd. is a boutique development group which builds custom solutions for its client, Cross River. Based in Jerusalem, Brix arms Cross River with the tools for their suite of banking solutions that are at the forefront of BAAS (Banking-as-a-Service) and FinTech around the globe. Brix offers its employees unparalleled flexibility in when they work and where they work, as it sees that as key in creating stronger products.


Contact:

Joseph Katz

+972 58-432-5250

katz.joseph@gmail.com

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