About Kroo
Kroo is a company based in London (United Kingdom) founded in 2016 by Tim Brown and Hafiz Shariff. Kroo has raised $88.9 million across 9 funding rounds from investors including Rudy Karsan. The company has 30 employees as of September 30, 2020. Kroo offers products and services including Current Account, Cash ISA, Overdraft, and Personal Loans. Kroo operates in a competitive market with competitors including Stash, Algbra, Collctiv, acasa and Fintech Farm, among others.
- Headquarter London, United Kingdom
- Employees 30 as on 30 Sep, 2020
- Founders Tim Brown, Hafiz Shariff
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Kroo Ltd
- Date of Incorporation 10 Apr, 2019
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$88.9 M (USD)
in 9 rounds
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Latest Funding Round
$2.53 M (USD), Series B
Nov 29, 2023
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Investors
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Employee Count
30
as on Sep 30, 2020
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Products & Services of Kroo
Kroo offers a comprehensive portfolio of products and services, including Current Account, Cash ISA, Overdraft, and Personal Loans.
Account that pays interest on balance with no monthly fees.
Flexible savings account earning up to 4.30% AER interest.
Optional overdraft service for account holders based on status.
Loans provided for personal use with application via app.
People of Kroo
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Funding Insights of Kroo
Kroo has successfully raised a total of $88.9M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $2.53 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Kroo
Kroo has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Rudy Karsan.
| Investor | Description | Founded Year | Domain | Location |
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RK
Rudy Karsan |
Angel investor, founder of Karlani Capital, focused on tech startups
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Investor details for Kroo
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Kroo
Investment portfolio details for Kroo
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Financial Statements - Kroo
Detailed financials for Kroo
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Kroo Comparisons
Peer comparison for Kroo
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Competitors of Kroo
Kroo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stash, Algbra, Collctiv, acasa and Fintech Farm, among others.
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Automated investment and robo-advisory services are offered to individuals.
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A digital banking platform is provided for individual users.
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App for payment splitting
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Household bills are managed and split via mobile app.
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Digital banking services for individuals are offered.
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Detailed competitors of Kroo
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Latest news on Kroo
Complete news archive for Kroo
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Frequently Asked Questions about Kroo
Kroo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Kroo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Kroo is a funded company, having raised a total of $88.9M across 9 funding rounds to date.
As of Sep 30, 2020, the latest employee count at Kroo is 30.
Kroo was established in 2016 in London, United Kingdom, as a provider of digital banking services in the fintech sector. Deposit accounts, cash withdrawals, NFC-enabled debit cards, money splitting, and expense tracking are included among its offerings. Real-time transaction notifications are provided via an app-based platform accessible on iOS and Android devices. Operations focus on individual users within the UK market.
Kroo offers Current Account, Cash ISA, Overdraft, and Personal Loans.
Kroo has 1 investor. Key investors include Rudy Karsan.