Bloom Credit Raises $13M Series A for Credit Bureau API Platform

Bloom Credit announced a $13 million Series A funding round in early October 2020 to scale its API platform that provides streamlined integration with U.S. credit bureaus. The company's technology allows fintechs, banks, and other businesses to easily access credit bureau data, enabling them to build and enhance credit-related products and services. Bloom Credit's API abstracts the complexity of connecting with major credit bureaus, reducing the integration burden for companies developing lending, underwriting, and credit monitoring solutions.

The funding will support product development and customer acquisition as demand grows for embedded credit data infrastructure. The round reflects investor interest in API-layer companies that serve as critical connectors in the financial services ecosystem. Bloom Credit's platform is particularly relevant for the growing embedded finance market, where non-financial companies increasingly offer credit products powered by fintech infrastructure.