Bloom Money
The Money Club for Everyone
London, United Kingdom · Founded 2021 · $1.4M raised
- Headquarters
- London
- Founded
- 2021
- Business Model
- B2C
- Website
- bloommoney.co
- Total Funding
- $1.4M
- Last Round
- $1.4M Pre-SeedJul 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Bloom Money is a London-based fintech that digitizes traditional rotating savings and credit associations (ROSCAs) — known as ajo, hagbad, pardna, or chit funds — for migrant and diaspora communities in the UK. Members create or join trusted savings circles, contribute on a set schedule, and take turns receiving the pooled payout, with the FCA-regulated platform handling reminders, bank-level security, and dispute protection along the way. The company also offers 'Bloom for Business' tools supporting immigrant financial wellbeing.
Summary
Bloom Money is a Financial Services company based in London, United Kingdom, founded in 2021. It has raised $1.4M in total across 1 round, most recently a $1.4M Pre-Seed round in Jul 2023. Investors include Zinal Growth, January Capital and PactVC.
Tech & App Stack
1 technology or app tracked
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Funding History
Jul 2023
Investors
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