Bloom Money

About

Bloom Money is a UK-based fintech company founded in 2021 and headquartered in London. The company develops technology-driven financial solutions aimed at empowering underserved communities, particularly migrant groups, communities of color, and women. Bloom Money focuses on promoting financial inclusion and generational wealth-building through community-centric tools. The company offers several services, including Bloom Circles, which are digital savings groups that allow users to pool funds collectively. They also provide educational resources on UK-specific financial topics and a mobile app for managing savings, budgeting, and community-based financial planning. Bloom Money targets ethnic communities, immigrants, and women, helping them navigate financial integration and bridge the gender wealth gap. Bloom Money has raised a total of $1.29 million in funding, with key investors including Zinal Growth and January Ventures. The company emphasizes transparency, community support, and empowerment in its mission to enable economic growth for marginalized groups.