Citi, Cross River lead inKind USD 414 million financing tranche

• inKind raised USD 414 million in an oversubscribed second financing tranche led by Citi, with Cross River providing USD 150 million of senior financing.
• inKind runs a restaurant commerce platform that provides upfront growth capital, demand generation, rewards, financial tools, proprietary data, and AI-driven capabilities.
• The financing lifted inKind’s total capital raised to more than USD 1.2 billion.
• inKind said its network links more than 5 million diners with more than 8,500 restaurants, representing nearly USD 30 billion in annual restaurant GMV.
• The expanded facility is expected to support deployment of more than USD 1 billion in growth capital to nearly 10,000 restaurants over the next year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cross River Bank published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.