Kroo is fully authorised as a bank by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation (firm registration number 953772).

The Debit Mastercard we currently operate is an e-money product issued by PayrNet Limited (firm registration number 900594) and not a bank account. This means it is not protected by FSCS.

Kroo is currently building a current account and various other services and will be launching these soon. For this reason, it is no longer issuing new e-money debit accounts or cards.

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