Kroo (bank)
 | |
| Company type | Ltd. |
|---|---|
| Industry | Banking |
| Founded | 2022 |
| Founders | Nazim Valimahomed |
| Headquarters | 20 Farringdon St, London, EC4A 4AB , |
Area served | United Kingdom |
| Services | Retail banking |
| Total assets | 873.918M[1] |
Number of employees | 223[2] |
| Website | https://kroo.com/ |
Kroo Bank Ltd, is a British online bank based in London.[3]
History
Kroo Bank was founded in 2022 by Nazim Valimahomed as B-Social, offering an app based debit Mastercard issued by Wirecard Card Solutions Ltd.[4][5][6] B-Social Ltd rebranded as Kroo in 2020[7] and was granted a full banking license by the Bank of England in 2022.[8] In 2021, chief risk officer Andrea De Gottardo became CEO of Kroo.[9] In November 2024, Kroo reached £1 billion in deposits.[10][11]
Services
Kroo is a digital bank with a mobile app, and no branches. As of July 2025, Kroo Bank offers current accounts, savings accounts, a cash ISA and personal loans.[12]
See also
References
- ^ "Kroo Bank (2023) total assets (2023)" (PDF). Kroo Bank (2023). Retrieved 24 July 2025.
- ^ "Kroo Bank (2023) total assets (2023)" (PDF). Kroo Bank (2023). Retrieved 24 July 2025.
- ^ https://find-and-update.company-information.service.gov.uk/company/10359002
- ^ https://kroo.com/blog/b-social-the-social-financial-company
- ^ "Nazim Valimahomed". FF News | Fintech Finance. Retrieved 2025-08-01.
- ^ Salter, Philip. "Foreign-Born Founders Behind 39% Of The UK's Fastest-Growing Companies". Forbes. Retrieved 2025-08-01.
- ^ Hinchliffe, Ruby (February 27, 2020). "UK fintech B-Social raises £7.8m ahead of 'Kroo' rebrand". Fintech Futures. Retrieved August 1, 2025.
- ^ https://www.fintechfutures.com/bankingtech/uk-challenger-kroo-lands-licence-to-build-social-bank
- ^ Shibli, Aliya (Jan 31, 2025). "Kroo Bank soldiers on in UK's tougher market". www.thebanker.com. Retrieved 2025-08-01.
- ^ Kular, Dalvinder (2024-11-14). "Kroo Bank reaches £1bn in customer deposits". FStech. Retrieved 2025-08-01.
- ^ Reynolds, John (2024-11-21). "UK challenger bank Kroo considers offering investment products". Tech.eu. Retrieved 2025-08-01.
- ^ https://www.forbes.com/uk/advisor/banking/kroo-bank-review/