Building the Best Social Bank — Chapter 4

9 October 2019 | by Alex Cuff

Welcome to our 4th update in 2019, where we’re sharing some of the exciting things happening here at B-Social.

We’ve been busy… working hard (despite the bad weather) to deliver on our 2019 product roadmap. We’ve also started to share more about our mission for social good.

In support of World Mental Health Day, we’re donating £5 to the mental health charity Mind for each customer who signs up this week (7/10), as well as introducing a guest blogger to talk about money and mental health.
You can read more about this on our blog.

Product updates

Top up with Apple Pay

We’re always trying to make it as easy as possible for you to add money to your B-Social account. So, what better way to do this than with Apple Pay?

Update your B-Social app now to use it, and don’t worry Android friends — Google Pay is coming soon!

Settle up with ease

When a group gets a bit crowded, we know it can be tricky to know who to pay, or who should pay you.

To solve this, we’ve now optimised group payments to make it even easier to settle up.

You are now only ever two taps away from settling your group — whatever the size!

Get started faster, with Groups

We know that sometimes you want to get started tracking expenses for your holiday, team or flatshare, even before having all your friends on the app.

Now you can do this! And we can already see that you’re loving it, as the number of new Groups you’ve created has skyrocketed!

Company updates

We’ve got 5000 customers!

Five thousand customers — what a milestone! It doesn’t feel like too long ago when we were celebrating our first 100. We couldn’t have done it without you, our customers, so a big thank you from us.

To find out more about the B-Social journey so far, check out this blog post.

We’re on a mission to remove the awkwardness around money.

Download the app today to join us.

Thank you for your continued support and if there’s anything you’d like to hear from us next time, just let us know at hello@kroo.com.

We’re even more excited to tell you about what’s happening over the next few months so lookout for our next update.

The B-Social team

We aren’t a bank yet, but we are in the process of applying to the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) to become one!

The B-Social card is a Beta debit Mastercard® and can be used wherever Mastercard® is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The Card is issued by Wirecard Card Solutions Ltd (“WDCS”) pursuant to license by Mastercard International Inc. WDCS is authorised by the Financial Conduct Authority to conduct electronic money service activities under the Electronic Money Regulations 2011 (Ref: 900051)

This is an e-money product and not covered by FSCS deposit protection.