Bloom - About the company
Bloom is a seed company based in London (United Kingdom), founded in 2021 by Nina Mohanty and Dan James. It operates as a Saving platform to build generational wealth for migrant communities. Bloom has raised $1.29M in funding from Zinal Growth. The company has 25 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Moneybox, Chip and NS&I.
Company Details
Saving platform to build generational wealth for migrant communities. Savings club app designed to help growing communities. Financial management system employed by ethnic communities for healthy financial life. Application is made available on the Android platform.
- Website
- bloommoney.co
- Email ID
- *****@bloommoney.co
Key Metrics
Founded Year
2021
Location
London, United Kingdom
Stage
Seed
Total Funding
$1.29M in 1 round
Latest Funding Round
Investors
Ranked
4th among 25 active competitors
Employee Count
6 as on Mar 31, 2026
Similar Companies
Legal entities associated with Bloom
Bloom is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLOOM GROUP HOLDING LTD CIN: 13652983 , United Kingdom, Active | - | 7 (As on Sep 30, 2024) |
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Bloom's funding and investors
Bloom has raised a total funding of $1.29M over 1 round. Its latest funding round was a Seed round on Jul 27, 2023 for $*****. 5 investors participated in its latest round. Bloom has 4 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Bloom:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 27, 2023 | 6174940 | Seed | 4644754 | 9847145 | 4664685 | 2905531 |
View details of Bloom's funding rounds and investors
Bloom's founders and board of directors
Founder? Claim ProfileThe founders of Bloom are Nina Mohanty and Dan James.
Here are the details of Bloom's key team members:
- Nina Mohanty: Co-Founder of Bloom.
- Dan James: Co-Founder / CTO of Bloom.
View details of Bloom's Founder profiles and Board Members
Bloom's employee count trend
Bloom has 6 employees as of Mar 26. Here is Bloom's employee count trend over the years:
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Bloom's Competitors and alternates
Top competitors of Bloom include Moneybox, Chip and NS&I. Here is the list of Top 10 competitors of Bloom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Moneybox 2015, London (United Kingdom), Series D | App based platform for users to save, invest, buy a home, and plan for retirement | $124M | 75/100 | |
2nd | Chip 2016, London (United Kingdom), Series D | App-based automated savings platform for individuals | $121M | 57/100 | |
3rd | NS&I 1861, London (United Kingdom), Unfunded | Online financial advisory and savings platform for individuals | - | - | 52/100 |
4th | Bloom 2021, London (United Kingdom), Seed | Saving platform to build generational wealth for migrant communities | $1.29M | 50/100 | |
5th | WeVat 2016, London (United Kingdom), Series A | Online platform for tax refunds | $4.47M | 48/100 | |
6th | Insignis Cash 2015, Cambridge (United Kingdom), Unfunded | Provider of a cash management platform for diverse clients | - | - | 42/100 |
7th | MONY Group 2007, Deeside (United Kingdom), Public | Digital saving platform | - | - | 39/100 |
8th | Communion Saves 2022, London (United Kingdom), Seed | Saving platform for individuals | $3.18M | 32/100 | |
9th | Stoa 2022, London (United Kingdom), Unfunded | Platform providing perks, discounts, and rewards on deposits and subscriptions | - | - | 27/100 |
10th | GoSherpy 2016, London (United Kingdom), Seed | Automated savings platform | $18.4K | 24/100 |
Looking for more details on Bloom's competitors? Click here to see the top ones
Bloom's Investments and acquisitions
Bloom has made no investments or acquisitions yet.
Reports related to Bloom
Here is the latest report on Bloom's sector:
News related to Bloom
Media has covered Bloom for 1 event in last 1 year.
•
Bloom Money empowers immigrants as investors via Crowdcube after raising $2MTech Funding News•Jun 03, 2025•Bloom
•
Bloom Money raises £1M to digitize microcredit finance for ethnic communitiesTechCrunch+•Jul 27, 2023•Bloom, Zinal Growth, January Ventures, PactVC
•
Bloom Money Selects OCR Labs Global for Digital ID VerificationFintech Finance•Aug 04, 2022•IDVerse, Bloom, CRLAB, OCR Labs
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