Company Information

Get to know BLOOM money.

Bloom Money is a UK-based fintech company with a mission to empower diaspora communities by providing them with accessible and culturally-attuned financial tools. The company digitizes traditional, informal savings methods known as 'Pardnas', 'Roscas', or 'Committees', where a group of people contribute a fixed amount of money into a common pot on a regular basis. Bloom provides the digital infrastructure to manage these savings circles securely, build credit history, and access ethical financial products, aiming to bridge the gap between traditional community finance and the modern financial system.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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BLOOM money.

Australia

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.