3 years ago

Bloom Group Secures £300 Million Series A Funding Led by Credo Capital Partners

  • Bloom Group S.A., a UK-based revenue-based lending business, secured £300 million in Series A funding led by Credo Capital Partners and funds managed by Fortress Investment Group LLC

  • The company plans to use the funds to expand its reach across Europe

  • Bloom specializes in providing capital to online growth businesses, differentiating itself through its flexible pricing model and product features that allow businesses to pay only for what they use.

      • ProblemFinancial Services

      "Businesses, especially online-focused ones, struggle to secure funding that's flexible and affordable, especially when they're growing quickly."

      Solution

      "Bloom offers revenue-based lending, meaning businesses only pay for the capital they actually use, providing them with predictable and transparent pricing. This eliminates the need for fixed fees and allows businesses to use the capital as they see fit, without restrictions on how it's spent."

      Covered on