Bloom Money

Bloom Money is a UK fintech building financial services for immigrant and diaspora communities — users it describes as "providing for two households". The company was founded in 2021 by Nina Mohanty, who spent a decade in fintech (Mastercard, Bud, Klarna, Starling) before concluding that mainstream finance was systematically under-serving immigrants, particularly around savings and wealth-building.

The flagship product, Bloom Circles, is a digital implementation of rotating savings and credit associations (ROSCAs) — a community-based savings format used by immigrant communities for generations but largely absent from regulated banking. Beyond circles, Bloom is building credit profiles, investment access and pension products tailored to diaspora users who have historically had thin credit files in the UK.

The company has raised over $2 million in venture funding and serves more than 13,000 UK customers. Bloom Money was named Apple's App of the Day on 16 April 2025. The team is supported by an active community of founder-investors via a Crowdcube campaign that opened ownership of the business to its own users.