UK challenger Kroo expands partnership with ClearBank
ClearBank has worked with Kroo since 2019 in its journey towards becoming a fully regulated bank.
ClearBank has worked with Kroo since 2019 in its journey towards becoming a fully regulated bank.
Kroo can now offer depositors protection for up to £85,000 through the FSCS.
Kroo says it will use the funding to further its growth and development.
Kroo, formerly B-Social, plans a full launch in 2022.
Neobank hopeful aims to secure a full banking licence ahead of a planned launch in 2022.
Kroo underwent a brand revamp from B-Social last year.
The fintech has “significantly progressed” with its pre-application for a UK bank licence