Top
image credit: Vecteezy

UK neobank Kroo gains full banking licence

June 28, 2022

Category:

With the new licence now in hand, Kroo can offer depositors protection through the Financial Services Compensation Scheme (FSCS) for up to £85,000.

Founded in 2016, Kroo offers its 23,000 customers a current account with overdraft facilities along with socially conscious initiatives that help in “creating change in communities, tackling environmental issues and simplifying banking”.

Read More on FinTech Futures