What is Kroo app?

We created Kroo to help keep track of money between people so you don’t have to. Create a group with friends to split bills, keep track of expenses and get paid back. Our goal is to make personal and social finances move at the speed of life.

How do I put money on Kroo?

You can add money to your Kroo account using your sort code and account number via a transfer or by using our instant in-app bank transfer from an existing bank account. We are part of the Faster Payments network so payments usually arrive instantly (this can sometimes take up to 2 hours).

Does Kroo have an overdraft?

No, we do not support an overdraft at the moment. This is something we hope to offer if we become a bank.

What is a Kroo card?

Kroo does it by offering customers a prepaid debit card and ways to track their personal and social finances – enabling them to create groups with friends, track spending, and split and pay bills quickly and securely.

How do I withdraw money from Kroo?

You can redeem all or part of your balance by contacting us via the Support section in the Kroo App or by emailing us [email protected] up until the date that is 6 years after the expiry date shown on your card. We will transfer any funds you want redeemed into a UK bank account which is in your name.

What bank is Kroo?

Kroo is one of only two new banks to be authorised in 2021 so far.

Can you withdraw money from Kroo?

You can withdraw money from ATM’s around the world. Some ATM’s charge you to withdraw money but we would suggest to withdraw from bank ATM’s as they tend to be free and the safest.

Does Kroo affect credit score?

It cannot affect your credit rating or score when you apply for credit. It is not seen by lenders other than the one that carried out the search.

Is Kroo legit?

Is Kroo safe? Kroo offers an e-money debit card, which is not a bank account. This means that your money will not be covered by the Financial Services Compensation Scheme (FSCS). However, PayrNet Limited, which issues the Kroo card, is authorised by the Financial Conduct Authority (FCA).

Can I transfer money from Kroo?

Yes!

Is Kroo a current account?

A digital only e-money account with no paperwork, no credit checks and no fuss. Sign up, start spending. Our current Debit Mastercard® is not covered by FSCS deposit protection. Our current Debit Mastercard® is not covered by FSCS deposit protection.

What is B Social?

B-Social is a financial technology company that develops innovative services for a new generation of customers. It aims to make personal and social finances move at the speed of life.