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Kroo launches 2% interest current account
source link: https://fintechranking.com/2022/12/05/kroo-launches-2-interest-current-account/
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Kroo launches 2% interest current account
Digital bank Kroo is hoping to help Brits save more with the launch of a two per cent interest current account.
Aimed at Gen Z and millennials, the ‘2&2 model’ will give two per cent AER on deposits up to £85,000, and the challenger will plant two trees for every new customer that opens a current account.
One of just three banks to be granted a full banking licence since 2016, Kroo CEO Andrea De Gottardo said this not only sets them apart from its fintech competitors, but also gives it a chance to “change banking for the better”.
Read more: AltFi
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