Bloom Money
PrivateLast Round
Crowdfunding
Jun 3, 2025
Total Funding Raised
$1.26M
Company Overview
Bloom Money is a UK-based financial technology company that provides a mobile application designed to support diaspora and immigrant communities in building generational wealth. The company's primary product, Bloom Circles, is a digital version of traditional rotating savings and credit associations (ROSCAs), known by various names such as ajo, pardna, or kameti. This service allows users to save collectively with trusted friends and family. Founded in 2021 by Nina Mohanty and Dan James, Bloom Money aims to make finance fairer and more accessible for everyone, regardless of their background, by breaking down barriers like limited credit history, language differences, and lack of familiarity with local banking systems. The platform targets underserved groups, including ethnic communities and women, offering tools for savings, budgeting, and community-based financial planning.
Sector
FinTech
Verticals
Lending & Credit, Digital Banking, Personal Finance
Business Model
B2C
Customer Profile
Payment Processing Fee, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Bloom Money Comps
Public and private peers based on sector, stage, and business model.
Bloom Money Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Crowdfunding | Jun 3, 2025 | ||||
| Pre Seed | Nov 25, 2023 |
Bloom Money Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Pact VC | Pre Seed |
| Octopus Ventures First Cheque Fund | Pre Seed |
| Zinal Growth | Pre Seed |
| January Ventures | Pre Seed |
Bloom Money Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Bloom Money's valuation, stock price, and market status.
