Diverse, chamber groups come together at Propelify thanks to Cross River Bank

Fintech fuels collaboration, economic inclusion to build new bridges in tech community and empower all entrepreneurs

Cross River Bank hosted a collaborative lounge last week at the Propelify Innovation Festival in Hoboken.

The “Cross River Commons” lounge was centrally located to all the traffic of the hundreds of attendees to the event. It brought together leading groups from across the state, including various chambers of commerce who used the space to highlight their work supporting local small businesses. Tech entrepreneurs also were able to connect with leading business advocates across diverse communities to find commonalities and propel economic inclusion.

“We have partnered with TechUnited and these chambers for many years, and the resources they provide to local businesses and the New Jersey community at large are critical,” Phil Goldfeder, senior vice president of global public affairs at Cross River, said. “Bringing everyone together for this year’s Propelify Innovation Festival was an obvious decision for Cross River and provided a special and unique opportunity for the technology community to unite with the organizations on the front lines of financial inclusion and business development.”

Innovation is democratizing financial services and creating opportunities for many who have historically been left out. In addition to its innovative work in fintech, Cross River said it is promoting pragmatic and inspiring community collaborations that can further its core mission of inclusivity and empowerment.

“We are honored to participate in Propelify, an event sponsored by our member and strategic partner, Cross River,” John Harmon Sr., founder, CEO and president of the African American Chamber of Commerce of New Jersey, said. “Propelify provides a platform to showcase innovation through technology, ingenuity and futuristic thinking, which leads to greater efficiencies, sustainability and societal transformation; that produces residual benefits for all.”

Cross River is dedicated to empowering local small businesses and the organizations that support them, and bridging the gap between small business and technology groups to propel future growth and collaboration in every community across New Jersey.

“We appreciate Cross River inviting us to Propelify yesterday, to participate in one of the panels, promote our upcoming programs, events and resources for the community,” Carlos Medina, CEO and president of the Statewide Hispanic Chamber of Commerce of New Jersey, said. “The Statewide Hispanic Chamber of Commerce of New Jersey looks forward to strengthening our partnership and collaboration with Cross River.”

“It was an honor to partner with Cross River at this year’s Propelify Innovation Festival in support of veteran entrepreneurs,” Francisco Cortes, co-founder and president of the New Jersey State Veterans Chamber of Commerce, said. “We look forward to a continued relationship with Cross River and are proud of their efforts to support diverse businesses across the state.”

“We’re always proud to partner with Cross River and our fellow chambers of commerce,” Patrick Daily, relationship manager at the New Jersey Chamber of Commerce, said. “Propelify is an amazing opportunity to get valuable in person time with our members and of course, make new connections. It was a wonderful event.”