London, United Kingdom
Kroo Bank, founded in 2016, is making strides in the Financial Services and Fintech arenas with innovative mobile and banking solutions. Based in the United Kingdom, Kroo aims to transform traditional banking hurdles by offering a straightforward, fee-free banking experience.
At the core of Kroo's offerings are products designed to maximize customer convenience and financial growth. Their current account allows users to earn a competitive 2.65% AER on balances, supporting the company’s slogan, "Bank smarter with Kroo. Where your money works in your favour." The bank also provides a Flexible Cash ISA, personal loans, and features like shared spending management. Importantly, Kroo eliminates foreign transaction fees, catering to globe-trotting customers.
The company recently secured a £840.00K investment in a late venture capital round as of 01 September 2025, underscoring its growth potential and investor confidence. Kroo’s strategic approach targets the pain points in traditional banking, positioning itself as a highly attractive prospect in the evolving fintech landscape.
