Real-time clearing and banking service provider ClearBank on Thursday (July 14) announced that it has been selected by Kroo to provide access to all U.K. payment schemes as well as accounts for its operational funds. Founded in 2016, Kroo began as a digital-only prepaid card,...
In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Ashman has been issued a banking license “with restrictions” by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). It...
This week in the news, the U.K is to get two new neobanks as Ashman and Kroo are granted licenses. Ashman has been issued a banking license “with restrictions” by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). It announced on its...
In today’s FinTech news, tenants can rent without a security deposit using a new solution from Obligo and Wells Fargo that offers landlords a letter of credit. Plus, despite the comparisons to the dotcom bubble burst, the great Tech Wreck of 2022 is way too...
July 14, 2022
Real-time clearing and banking service provider ClearBank on Thursday (July 14) announced that it has been selected by Kroo to provide access to all U.K. payment schemes as well as accounts for its operational funds. Founded in 2016, Kroo began as a digital-only prepaid card, before being awarded a banking license last month. With the […]
June 27, 2022
U.K. digital bank Kroo has been granted a full banking license by the Bank of England, the bank announced Monday (June 27). Founded in 2016, Kroo has built a customer...
August 09, 2021
London-based social bank Kroo recently raised 17.7 million pounds ($24.5 million) in Series A funding in a round led by Karlani Capital Founder Rudy Karsan. Company leaders say they’ll use...
February 26, 2020
The London-based FinTech B-Social raised £7.8 million in seed funding as it prepares to rebrand as Kroo and become a full-fledged bank, reports said on Wednesday (Feb. 26). The only...
