Kroo's mission is to make personal and social finances move at the speed of life.
Holborn, London, UK
COO of Otta
Kroo's digital-only current account allow users to control spending, track expenditure and create groups between friends to settle bills. The company is establishing itself as a bank with a social conscious by offering degradable cards, a tree planting scheme, and donating a percentage of its profits to social causes.
In 2022, Kroo became a fully authorised retail bank. This means the company can offer its 20k+ customers personal current accounts, overdrafts, loans and savings, which will be key in setting Kroo apart in the FinTech industry.
Ultimately, Kroo wants to change the relationship people have with money by helping them overcome the anxiety and awkwardness when they engage with their social finances. They are doing that by building a digital bank that truly accommodates the way people live their lives and is dedicated to connecting a person’s finances to their social world.
Last 2 fundraises
This company has top investors
Nazim Valimahomed(Chief Product and Design Officer)
Studied Economics & Actuarial Science at Western University. Previously Chairperson at Publicis Media for 5 years. Former CEO of Kroo before moving onto new role.
Tim Brown(Chief Creative Officer)
Previously Senior Art Director at BBDO Worldwide for 2 years and Executive Creative Director at McCann for 3 years.
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