Kroo, a self-described "socially conscious" digital bank, is launching a crowdfunding campaign on Crowdcube.
In brief:
-Since securing its full UK banking licence in 2022, Kroo has opened 145,000 accounts, and grown faster than any other new bank with £765 million in deposits.
-The startup has already raised £72 million and in September confirmed that it had begun approaching investors for another £70 million round.
-Now it is inviting customers to invest anything from £10 to £500,000 in its Crowdcube campaign, which will be opened up to the wider public in 15 November.
What does this mean?
Andrea De Gottardo, CEO, Kroo, says: "By inviting our growing customer base to be investors, they will have a say in how we run the bank - from our services to our products.
