| Founded | 2020 |
|---|---|
| Closed | 2023 |
| Country | UK |
| Sector | Fintech |
| Collapse type | Silent Shutdown |
Bloom Money
"UK diaspora savings and banking app for South Asian and African communities shut after £2.4M raise"
Quiet closure with no public announcement
Key Events Timeline
Bloom Money built a fintech product specifically for diaspora communities in the UK — predominantly South Asian and African immigrants — offering group savings circles (digitized "chit funds" and "susus") combined with a GBP current account.
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