We are a bank, authorised as a bank by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Currently that authorisation is with restrictions, which is the final step of becoming a fully licenced bank. During this time we will build the infrastructure to become a live bank and will then offer customers a bank account and various other services. The Debit Mastercard we currently offer is an e-money product and not a bank account. This means it is not protected by FSCS.

Kroo’s bank firm registration number is 953772 and our e-money firm registration number is 902797.

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