About Kroo
Kroo is an award-winning digital bank that has your back. Earn 3.65% AER / 3.59% Gross (variable) interest on current account balances. Founded in 2016 in London, Kroo Bank Ltd offers innovative financial services designed to empower individuals and change the traditional banking landscape. The company secured its full banking licence in 2022, which allows it to provide comprehensive banking services while prioritizing customer needs.
At Kroo, we believe in providing a customer-centric approach. By offering a straightforward current account with no monthly fees and the ability to earn interest, we strive to simplify banking for our customers. Transactions are seamlessly integrated with real-time spending insights, allowing our users to track their expenses and manage their finances effectively. Importantly, all deposits made with Kroo are protected by the Financial Services Compensation Scheme, ensuring peace of mind up to £85,000 per customer. Our goal is to make banking accessible and rewarding for everyone, and we continuously work on introducing newer features that cater to the evolving demands of our customers.