Kroo, a UK-founded fintech currently pursuing a banking licence, has teamed up with London-based digital banking provider Bugni Labs to spin up its credit engine. The cloud-native, microservices-based lending platform will serve as a core part of Kroo’s future products. Kroo underwent a brand revamp from B-Social last year Abhay Chrungoo heads up Bugni Labs. He has worked with clients such as Lloyds, Publicis Sapient, Tesco and Sainsburys on fintech-related projects. Diptesh Mishra, a former Publicis Sapient director, is Kroo’s chief technology officer (CTO). Under Mishra, Kroo plans to use its own proprietary data, as well as aggregated data via…
UK neobank hopeful Kroo partners with Bugni Labs for credit engine