Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Bloom Credit is a B2B credit data infrastructure platform that is building the next generation of rails for all things credit data, which includes the transmission and compliant storage of all things credit data. Bloom’s service is helping enable the expanding of affordable credit through real-time and accurate data, both traditional and alternative.

How they describe their product/innovation: There are 100+ million consumers in the U.S. that don’t have access to mainstream credit rates or products due to being either subprime or thin/no file with the major credit bureaus. Bloom+ helps consumers build and establish credit history through their qualified recurring monthly bank transactions, rather than just through traditional credit payments, which many of these consumers may not currently have. Bloom+ is delivered to consumers through FI partners and the entire experience stays with the FI and helps them better serve and retain their customer.

Product distribution strategy: Through financial institutions, Through other fintech companies and platforms, Licensed

Credit Union/Community Bank Fit: Credit Unions, Community Banks

Contacts:

Bus. Dev.: Alex Lugosch (SVP Strategy), alex.lugosch@bloomcredit.io, 740-274-0785
Press: Christian Widhalm (CEO), christian@bloomcredit.io, 661-599-1834