Company Information

Get to know b-social limited

Originally founded as B-Social in 2016, the company started as a social finance app designed to help users track and settle expenses with friends. After securing significant funding and evolving its business model, the company focused on becoming a fully regulated bank. In June 2022, after changing its name to Kroo Limited, it was granted a full UK banking licence by the Bank of England. Today, Kroo operates as a digital-only bank with a mission to build a bank that customers can trust and love, offering services like a personal current account with interest, overdrafts, and a focus on transparency and customer-centric features.

Industry

Financial BankingPRIMARY
Crypto Broker
Financial Other Service

Contact

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b-social limited

United Kingdom

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.