Moon Banking

Kroo Bank

in the United Kingdom 🇬🇧

Kroo Bank in the United Kingdom is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
UK rank
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Overall
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Crypto-Friendliness
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International Banking
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Business Banking
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About Kroo Bank in the United Kingdom

Kroo Bank is a UK-based digital bank headquartered in London, operating as a fully licensed and regulated retail banking institution. Founded in 2016 and granted its full banking license by the Bank of England in 2022, Kroo is one of only four banks to have received a new license since 2013. The bank is specifically designed to challenge traditional banking models with a focus on transparent interest rates and fee-free banking, positioning itself as a "bank with a conscience."

Kroo operates exclusively as a mobile-first digital bank with no physical branch network. The bank offers current accounts, savings accounts, cash ISAs, and personal loans to UK retail customers. As of November 2024, the bank had reached a milestone of 1 billion pounds in deposits, demonstrating significant customer adoption and trust.