Bloom Credit Adds New Customers ALTRO, Eve Financial, Upwardli and More to Help Accelerate Launch of New Credit Products
The company nearly doubles its customer base in the first quarter amid growing demand for its credit data platform
NEW YORK, April 4, 2022 /PRNewswire/ — Bloom Credit (www.bloomcredit.io), an API platform company that simplifies the way businesses integrate with credit bureaus, announced today ALTRO (formerly Perch Credit), Financial Eveand To the top among more than a dozen new customers added in the first quarter. Integration with Bloom Credit will provide these businesses with the tools to easily launch new credit products in a fraction of the time it traditionally took.
“This tremendous momentum is the result of Bloom Credit’s commitment to simplifying credit data interconnectivity,” said Christian Widhalm, CEO of Bloom Credit. “These new customers represent a very large segment of fintech innovators and developers who have not been well served by the traditional credit industry due to their limited resources.”
“We are proud to partner with Bloom Credit, which offers by far the best solutions in the credit data space,” said Michael BroughtonCEO of OTHER. “Their support and knowledge is second to none and we have had a fantastic experience working with their team which has allowed us to focus our internal resources on growing our business.”
Some of the products customers can access on the Bloom Credit API platform include Furnish by Bloom Credit™, launched in August 2021 to further help lenders comply with credit reporting requirements, reduce credit reporting errors, and reduce the negative impact these errors cause to consumers. It also helps non-bank lenders, who may not currently provide credit data, avoid lengthy and complicated integrations with major credit bureaus while strengthening the underlying credit reporting system for consumers in general.
Bloom Credit raised $17M total funding, including $13M in October 2020 directed by Allegis NLin the same way Businesses resolved, Slow businessesand Commercial enterprisesand an unannounced precedent $3 million angel investors, including Better Tomorrow Ventures Sheel Mohnot and Jake Gibsonfounder of the acorns Jeff CruttendenFounder of Marqueta Jason Gardnerformer vice-president of Personal Capital Marc Goinesand former president of Prosper Ron Suber.
About Bloom Credit
Bloom Credit is an API platform company that delivers all bureau and score-related products through a single, easy-to-use API integrated with all three credit bureaus, helping to develop a new class of credit products and services in one. fraction of the time. has traditionally taken, enabling significant applications that can improve consumer creditworthiness. Bloom Credit is based in New York. www.bloomcred.it
SOURCE Bloom Credit
