Krak: Send & Receive Money

Name: Krak: Send & Receive Money
Rating: 4.6 (436 reviews)
Author: Kraken

Global Payments & Rewards

Only for iPhone

Free

436 Ratings
Age Rating

4+
In-App Controls
Category

Finance
Developer

Kraken
Language

EN
+ 12 More
Size

254.3
MB

iPhone

Send and receive money instantly with Krak – the fast, secure, and easy way to pay anyone, anytime. No banks. No hassle. Just tap and go. Krak is a money app that helps you earn, send and spend. Get up to 8% APY, send money to 160+ countries and unlock travel perks with Krak Concierge. → YOUR MONEY WORKS WHILE YOU SPEND Krak puts select assets to work at up to 8% APY. No lock-ins, no minimum balance. Always earning and ready to spend when you need it. → SEND, SPLIT AND PAY GLOBALLY — Send money to 160+ countries. — Pay anyone instantly with a @Kraktag. → KRAK CONCIERGE Up to 60% off luxury hotel bookings and up to 6% cashback on top. → DISCLAIMERS Geo restrictions apply. Instant buy/sell fees apply when you convert one asset to another before making a transfer. Please see our fee schedule for more information: www.kraken.com/features/fee-schedule. APY is variable and not guaranteed; there is a risk of loss. Onchain interactions involve technological, market, and operational risks (see Terms of Service). Kraken does not control third-party protocols. Provided by Payward Wallet, LLC. Fees apply. Geo restrictions apply. Vaults are an unregulated product. Geographic restrictions apply. Rewards rates are determined and paid out by Kraken in its sole discretion and are subject to change. See our Terms of Service for more info. Due to its partnership with the issuer, Kraken receives an economic benefit with respect to amounts of stablecoin minted, held on platform, and received in on-chain transfers. Geo restrictions apply. Krak Concierge processes bookings via Entravel Holdings Ltd. (“EH”). Krak is not a travel agent and the merchant of record for bookings. Prices, taxes and fees are set by the provider. Cancellations/refunds follow the hotel and/or EH policy. Instant buy/sell fees apply and are shown when converting one asset or currency before making a transfer. See our fee schedule for details. Krak may receive a commission from EH on completed stays.

Ratings & Reviews

4.6

out of 5

436 Ratings

Awesome start
07/10/2025

mass_kestrel
This is great - user friendly and I love being able to earn a competitive yield on my USDG - this means I won’t have to transfer it back out somewhere else where it will earn a better rate. I’d love to see something like expense tracking and groups like Venmo/Splitwise. This would convince me to fully make the jump over to Krak. Thanks!

Developer Response
Your feedback is much appreciated and heard. If you have any other feedback let us know or reach out on our socials!https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media
Awesome start
07/10/2025

mass_kestrel

This is great - user friendly and I love being able to earn a competitive yield on my USDG - this means I won’t have to transfer it back out somewhere else where it will earn a better rate. I’d love to see something like expense tracking and groups like Venmo/Splitwise. This would convince me to fully make the jump over to Krak. Thanks!
Developer Response 07/16/2025
Your feedback is much appreciated and heard. If you have any other feedback let us know or reach out on our socials!https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media
STOLE MY MONEY
12/15/2025

DavidBrianCEO
I signed up for an account. Deposited $1,400 over the course of a couple days. As I was waiting for my crypto holds (7 days after purchase) to be lifted so I could transfer funds around, THEY EMAILED ME THAT THEY WERE CLOSING MY ACCOUNT AND COULD NOT TELL ME WHY.....they Instructed me to withdraw my funds because my account would no lo her be active 10 days after tye notice. 2 of my purchases still had 5 days left on the hold and the 3rd had 7 days. This was very unsettling so I requested they lift the holds. They basically said no and I have to wait. So I waited and withdrew my first 2 purchases and then the next day they CLOSED MY ACCOUNT 5 DAYS EARLY WITH MONEY STILL BEING HELD THAT I COULDNT WITHDRAW. Email support literally takes 24hrs per response and so far they have not assisted me at all in recovering the funds that were still left in my account. This is just extremely unethical and horrible customer service. DO NOT USE THIS PLATFORM AS THERE IS A CHANCE THEY WILL CLOSE YOUR ACCOUNT FOR NO REASON AND STEAL THE FUNDS INSIDE.

Developer Response
Hello, we thank you taking the time to share your experience. We certainly understand your frustration and want you to know that we do not take the decision to close an account lightly. In case this does happen we allow clients to withdraw their funds.Due to privacy and security reasons, we cannot disclose details through this platform. But, please do reach out via another social media platform if you're having issues with withdrawing.Thank you 🐙
STOLE MY MONEY
12/15/2025

DavidBrianCEO

I signed up for an account. Deposited $1,400 over the course of a couple days. As I was waiting for my crypto holds (7 days after purchase) to be lifted so I could transfer funds around, THEY EMAILED ME THAT THEY WERE CLOSING MY ACCOUNT AND COULD NOT TELL ME WHY.....they Instructed me to withdraw my funds because my account would no lo her be active 10 days after tye notice. 2 of my purchases still had 5 days left on the hold and the 3rd had 7 days. This was very unsettling so I requested they lift the holds. They basically said no and I have to wait. So I waited and withdrew my first 2 purchases and then the next day they CLOSED MY ACCOUNT 5 DAYS EARLY WITH MONEY STILL BEING HELD THAT I COULDNT WITHDRAW. Email support literally takes 24hrs per response and so far they have not assisted me at all in recovering the funds that were still left in my account. This is just extremely unethical and horrible customer service. DO NOT USE THIS PLATFORM AS THERE IS A CHANCE THEY WILL CLOSE YOUR ACCOUNT FOR NO REASON AND STEAL THE FUNDS INSIDE.
Developer Response 12/18/2025
Hello, we thank you taking the time to share your experience. We certainly understand your frustration and want you to know that we do not take the decision to close an account lightly. In case this does happen we allow clients to withdraw their funds.Due to privacy and security reasons, we cannot disclose details through this platform. But, please do reach out via another social media platform if you're having issues with withdrawing.Thank you 🐙
Unfortunately confusing
08/02/2025

lady foxtrot
To test it out I put $50 in my Krak and converted it to USDG for the APY benefits. But then when I wanted to use it to buy crypto I couldn’t figure out how to put that money in my Kraken. There’s a “transfer” that would show it had moved it, but only within the Krak app. When I went to my Kraken nothing had changed or been added; no activity changes noted in Kraken either. I’m currently waiting on support trying to figure out how to get my money into my Kraken. This seems like a poor UI issue, not a finance issue. Perhaps some tutorial videos are needed to permanently exist in the menu.

Developer Response
Hi there! Thanks for the feedback. 'Everyday' balance refers to the funds in the Krak app. On the right side you will see Kraken which is the balance in your Kraken account. If you want to move your Krak 'Everyday' funds to Kraken you need to select transfer after clicking on your 'Everyday' account. If this does not work, please reach out to us via another social media platform so we can review this in depth and assist. Here's how to reach us 👉 https://support.kraken.com/articles/201351886. Thanks a lot!
Unfortunately confusing
08/02/2025

lady foxtrot

To test it out I put $50 in my Krak and converted it to USDG for the APY benefits. But then when I wanted to use it to buy crypto I couldn’t figure out how to put that money in my Kraken. There’s a “transfer” that would show it had moved it, but only within the Krak app. When I went to my Kraken nothing had changed or been added; no activity changes noted in Kraken either. I’m currently waiting on support trying to figure out how to get my money into my Kraken. This seems like a poor UI issue, not a finance issue. Perhaps some tutorial videos are needed to permanently exist in the menu.
Developer Response 08/19/2025
Hi there! Thanks for the feedback. 'Everyday' balance refers to the funds in the Krak app. On the right side you will see Kraken which is the balance in your Kraken account. If you want to move your Krak 'Everyday' funds to Kraken you need to select transfer after clicking on your 'Everyday' account. If this does not work, please reach out to us via another social media platform so we can review this in depth and assist. Here's how to reach us 👉 https://support.kraken.com/articles/201351886. Thanks a lot!
Gamechanger for payments
07/01/2025

JaredRBlake
Couldn’t send money easily to Canada, now I can instantly and for free. Game changer in both its accessibility and how enjoyable it makes payments. Excited to see Kraken compete with my checking account and win.

Developer Response
Great to hear it's working for you well in your region! Stay tuned for even more awesome upcoming features.
Gamechanger for payments
07/01/2025

JaredRBlake

Couldn’t send money easily to Canada, now I can instantly and for free. Game changer in both its accessibility and how enjoyable it makes payments. Excited to see Kraken compete with my checking account and win.
Developer Response 07/09/2025
Great to hear it's working for you well in your region! Stay tuned for even more awesome upcoming features.

We’re always making sure Krak is easy, safe and secure for you to use. This release contains various improvements and fixes.

Version 1.44.0 1d ago

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:
- Usage Data
Data Linked to You

The following data may be collected and linked to your identity:
- Purchases
- Financial Info
- Location
- Contact Info
- User Content
- Search History
- Identifiers
- Usage Data
Data Not Linked to You

The following data may be collected but it is not linked to your identity:
- Usage Data
- Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

Accessibility

Information

Seller: Payward, Inc.
Size: 254.3 MB
Category: Finance
Compatibility: Requires iOS 15.1 or later.

iPhone
Requires iOS 15.1 or later.

iPod touch
Requires iOS 15.1 or later.

Apple Vision
Requires visionOS 1.0 or later.
Languages: English and 12 more

English, Dutch, French, German, Italian, Polish, Portuguese, Russian, Simplified Chinese, Spanish, Turkish, Ukrainian, Vietnamese
Age Rating: 4+

4+

This app has an age rating of 4+ with content restrictions. Some content may be rated higher, but access is managed by the developer through in-app controls.
Learn More

In-App Controls
Age Assurance