Kroo is an innovative mobile banking platform designed to offer a user-friendly, socially connected banking experience. It focuses on simplifying financial management through an intuitive app interface that enables users to easily monitor their spending, make payments, and transfer funds in real-time, all from their smartphones. Kroo aims to foster a sense of community among its users with features that allow for the creation of shared accounts and joint saving goals, making it easier to manage finances with friends and family. With an emphasis on transparency and customer service, Kroo provides a refreshing approach to personal finance, free from hidden fees and cumbersome processes typical of traditional banking institutions.
Kroo is currently available for residents of the following countries:
United Kingdom
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your Kroo account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with Kroo is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Kroo doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use Kroo is the low (or no!) fees. Kroo has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Kroo offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
Kroo = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Kroo everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.