Fundz

Bloom Money Raises £1M To Digitize Microcredit Finance For Ethnic Communities

PRIVATEJul 27, 2023

Amount Raised

£1 Million

Round Type

Seed

LondonFinancial ServicesFinanceFintech

Description

Bloom Money, a U.K.-based fintech, has raised £1 million to digitize an informal financial management system employed by ethnic communities across the world.

Quick answer

Bloom Money raised £1 Million in a Seed round, dated July 27, 2023. Bloom Money is based in London, England, United Kingdom.

How much did Bloom Money raise?
Bloom Money raised £1 Million in a Seed round on July 27, 2023.
What does Bloom Money do?
Bloom Money (pending FCA authorisation) brings familiar financial services to migrant communities.
Where is Bloom Money based and how big is it?
Bloom Money is based in London, England, United Kingdom.
Who are the decision-makers at Bloom Money?
Fundz holds 1 contact at Bloom Money. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Bloom Money that raised within 45 days of this round, from Fundz verified event records.

  • Tradeteq raised $13M (Funding Round) on September 8, 2023.
  • R&T Deposit Solutions raised an undisclosed amount (Corporate Round) on September 7, 2023.
  • Momnt raised $15M on September 6, 2023.
  • Streamex Corp. raised $2.2M (Seed) on July 31, 2023.
  • Momnt raised $35M on July 26, 2023.
  • Mercury Financial raised $200M (Funding Round) on July 26, 2023.

Who to call at Bloom Money, and when

A new round usually means Bloom Money is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bloom Money raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Bloom Money, from your own LinkedIn network

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Company Information

Company

Bloom Money

Location

London, England, United Kingdom

About

Bloom Money (pending FCA authorisation) brings familiar financial services to migrant communities.

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Related People

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Bloom Money raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.