4 years ago
Kroo Raises £17.7 Million for its Prepaid Debit Card and More
London-based Kroo has raised £17.7 million in a Series A funding round to drive its mobilisation phase, scaling up operations and developing its product offering.
ProblemFinancial Services
"Traditional banks are not designed for the way people interact with money today. They are slow, clunky, and don't offer the features people need to manage their finances effectively. People want to be able to easily share money with friends and family, track their spending, and make payments quickly and securely. They also want to be able to support social causes that are important to them."
Solution
"Kroo is building a new kind of bank that is designed for the way people live today. It offers a prepaid debit card and a suite of features that make it easy to manage your money, share money with friends and family, and support social causes. Kroo is also committed to providing fair and competitive loans to its customers."
