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§ Private Profile · London, England, United Kingdom
UK fintech app digitizing community savings circles for diaspora and immigrant communities to build wealth.
Bloom Money is a United Kingdom-based financial technology company that digitizes traditional community savings circles, commonly known as ROSCAs, for diaspora and immigrant populations. The platform enables individuals to form secure digital groups to pool, save, and rotate funds, operating as an electronic money institution with safeguarded digital savings features. Alongside its core savings product, the application provides targeted financial education on regional topics such as credit scores and trusts to assist communities historically excluded by traditional banking systems. The enterprise currently serves a growing user base of more than 13,000 customers and has secured approximately $2 million in early-stage venture capital funding from institutional investors including Zinal Growth, January Ventures, and Pact VC. Headquartered in the Birmingham area, Bloom Money was officially established in 2021 by co-founders Nina Mohanty and Dan James.
Bloom Money has raised $3.3M across 2 funding rounds.
Bloom Money has raised $3.3M in total across 2 funding rounds.
Bloom Money has raised $3.3M in total across 2 funding rounds.
Bloom Money's investors include Crowdcube, Zinal Growth, Bérénice Magistretti, June Angelides, January Ventures, Pact VC.
Bloom Money has raised $3.3M across 2 funding rounds. Most recently, it raised $2.0M Other Equity in June 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 3, 2025 | $2M Venture Round | Crowdcube | — | Announced |
| Jul 27, 2023 | $1.3M Pre Seed | Zinal Growth | Bérénice Magistretti, June Angelides, January Ventures, Pact VC | Announced |