They’ve got to become an actual bank 1st though, still on that journey to get fully licensed, restrictions placed upon them by BoE, just not read what they are yet.
Found the bits I was looking for about the restrictions
Not sure I’ve got the energy to want to open a prepaid debit card account. Won’t be one I’m trying anytime soon I don’t think. Wait and see what the actual current accounts look like when they go live.
It has plans to imminently launch a current account, and leapfrogs front runners Tandem and Atom in doing so. I don’t know if Kroo has achieved this quicker than Revolut, but that company seems to be stuck in its plans to convert to a full bank.
I still think Kroo simply might not reach critical mass, and end up being bought by N26 so it can re-enter the UK market, or some other European bank, like Lunar or bunq.