Kroo is a digital bank that provides a range of financial services through a mobile application. Its offerings include current accounts, overdrafts, personal loans, and Cash ISAs. The company was founded in 2016 and secured a full banking licence in 2022.
The company's FSCS-protected current account pays interest on both current accounts and savings, with no monthly fees and zero fees on spending abroad. It provides real-time spending insights and deposit protection up to £120,000 per customer. Kroo's technical work involves mobile app development and predictive technology.
Kroo states its mission is to improve people's relationship with money and provide greater financial independence and control. The company describes a commitment to transparent, customer-focused services.
