Bloom Money
Information by Research TrustFinance
Bloom Money provides a digital platform for "ROSCA" (Rotating Savings and Credit Association), also known as pardners, tandas, or kametis. The company's mission is to offer a modern, secure, and ethical way for individuals within diaspora communities to pool their money and build wealth together. By digitizing this traditional community finance model, Bloom Money aims to enhance financial inclusion and provide a halal and culturally-attuned alternative to conventional financial products. The service is registered with the Financial Conduct Authority (FCA) as an EMD agent of PayrNet Limited.
United Kingdom
Industry
- Other ServicePRIMARY
Financial