Kroo Brings Apple Pay to Customers
- 21 Sep, 2022
Kroo
Description
Where friends & money meet. Get a debit Mastercard® with no fees abroad and an app to track your social spending!
Overview
| Type: | Private |
| Funding Status: | Seed |
| Foundation year: | 2016 |
| Location: | London, United Kingdom |
| Number of employees: | 11-50 |
| Founders: | Nazim Valimahomed, Tim Brown |
| Website: | https://kroo.com/ |
Target geographic market:
Europe
About Product/Service
| Product cost | - |
|---|
Funding rounds
| Last Funding Date | Feb 26, 2020 |
|---|---|
| Last Funding Amount | 8M |
| Last Funding Type | Seed |
| Total Funding Amount | 14.2M |
Financials
| Customer/Products segments | Individual/Retail Current Account, |
|---|---|
| Key product offering | The Kroo card is a Beta debit Mastercard® and can be used wherever Mastercard® is accepted. The card is issued by Wirecard Card Solutions Ltd ("WDCS") pursuant to a licence by Mastercard International Inc. |
| Banking license | In process |
| Type of customers | Retail Customers |
| Estimated revenue | $10M to $50M |
| Number of lead investors | 1 |
| Names of lead investors | Rudy Karsan |
Tech stack
Competitors
| Founding Date | Type | Tags | |
x Neon (Brazil) Neon is a digital bank that offers credit cards,... | 2016 | Private | |
x Hufsy Hufsy offers a bank account customised for... | 2015 | Private | fintech, challenger banks |
x Yoti Yoti is a digital identity system that provides a... | 2014 | Private | |
x Air bank Air Bank is a modern and innovative 21st century... | 2019 | Challenger banks, fintech | |
x MYbank MYbank, a leading online private commercial bank... | 2015 | Private | fintech, challenger banks |
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