How B-Social is improving people’s relationship with money, for good
4 July 2019 | by Alex Cuff
This blog post was accurate when we published it - visit kroo.com or your Kroo app for the most up to date information
The social awkwardness around money and the discomforts of managing finances… gone!
Inour aim to understand and embrace how people really live their lives – together with other people – we continue to strive toward creating an intuitive experience that removes all of the frustrations people feel when having to manage their money both personally and in a social context with friends, co-workers and family.
At B-Social we’ve had a huge few months of development with some important in-app improvements, including a new home page, better group engagement with photos, the ability to freeze and un-freeze cards, as well as a better on-boarding process; making it faster for customers to receive their card.
Everything you need, all in one place.
Over the last month we’ve reworked the structure of our app, to make every encounter feel easier and more social.
This has meant combining two popular tabs, Payment and Groups, into an integrated Social tab. We’ve also pulled the most useful information onto the Home Page, so you can see your Recent Transactions and Recent Groups.
Freeze and unfreeze your card
Customer security is always a top priority. That’s why if you get that sinking feeling you don’t know where your card is or in the unfortunate case that someone steals your card, you can now freeze it instantly in-app.
If after turning your home upside down, you find it in your pocket, you can unfreeze your card at any time with one tap.
Customise your groups with Photos
We received feedback that you wanted the ability to customise the product to suit you and your world. With that in mind, you can now choose a group photo for each of your groups.
We’re looking for feedback on this, with the possibility of uploading your own photo in the future. Let us know if this is something you would be keen on.
Get your card faster
To keep up with demand, we’ve now halved the time taken to get one of our black cards, so you can start getting the most of what’s on offer, much faster.
In the news
We ran an Ethical Money event last month to help you understand how ethical your money is, and where you choose to keep it.
The panel consisted of our own co-founder Tim Brown, as well as editor of the Good Money Girl blog Rebecca Jones, and co-founder of ethical investment platform Tumelo Georgia Stewart. The event was tweeted live, read some of the highlights over on Twitter.
We’re on a mission to remove the awkwardness around money.
Download the app to join us.
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.